Funding Alert

VehicleCare Secures Pre-Series A Funding from JITO Angel Network


VehicleCare, a prominent online platform specializing in auto service and damage repair, has successfully secured a pre-Series A funding round. The investment, the amount of which remains undisclosed, was led by JITO Angel Network (JAN), a subsidiary of JITO Incubation and Innovation Foundation (JIIF).

The newly procured funds are set to be channeled into various aspects of VehicleCare’s operations. These include enhancing its unique proprietary technology, intensifying marketing campaigns, and boosting consumer acquisition efforts.

Arvind Verma, the Founder of VehicleCare, expressed his views on the recent funding. “This investment acts as a significant stepping stone for us, enabling us to grow and deliver innovative solutions that will fill the existing gaps in the auto repair sector,” he said.

Pooja Mehta, the Chief Operating Officer at JIIF, also shared her thoughts on the investment. “We firmly believe in VehicleCare’s vision and its potential to revolutionize the automotive industry. We acknowledge their unwavering commitment to superior customer service and their efforts to simplify the car service and repair process. As the primary investor, we are eager to contribute to VehicleCare’s journey towards success. This investment will equip VehicleCare to further harness disruptive technologies, offering innovative solutions and unparalleled experiences to its customers,” she added.

Established in 2019, VehicleCare provides an extensive array of services and solutions in the car service and repair industry. Its digital platform connects customers with local service centers, facilitates hassle-free appointment booking, and offers real-time tracking of service requests. Additionally, the company provides a business-oriented claim management system and a fleet management solution to optimize operations.

 

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