Automobile startup BookMyTime buys Servicemykar

Car purchase and servicing platform BookMyTime has acqui-hired car management startup Servicemykar, according to a press statement. Raghavendra Chandrappa founded Servicemykar. The 10-member team of Servicemykar, as well as CEO Chandrappa, will become a part of BookMyTime. With this acquisition, we are ready to expand our operation in terms of service and geography,” said Raghuram Kote, founder of BookMyTime.

The BookMyTime app provides the user with price comparisons of cars and servicing requirements such as providing details of puncture shops and round-the-clock towing services. The company, which is currently present in Bangalore, claims to have partnered with more than 182 authorized dealers for servicing and 110 dealers for new cars. In the automobiles space, online classifieds firm Quikr has acquired Step, a platform that connects vehicle owners with service providers nearest to them, in September.

Servicemykar

Before that, Girnar Software Pvt Ltd, which owns CarDekho.com, Gaadi.com, and Zigwheels.com, has acquired roadside assistance (RSA) provider help Wheels Pvt Ltd in an all-cash deal in April. The automobile marketplace and repair segment has seen a lot of investor interest recently. In September, Deepak Nathani, co-founder of technology consulting firm Cybage Software Pvt. Ltd acquired a 20% stake in automotive services startup Demyto for an undisclosed amount.

In May, Bengaluru-based Let’s Service raised angel funding from QuEST Global chief operating officer Ajay Prabhu and Julia Computing Inc. co-founder Deepak Vinci. The firm provides services for a bike- and scooter owners at authorized service centers. The same month also saw Mumbai-based MotoMojo secure angel funding from the founders of startup enabler VentesAvenues. The firm connects owners of two- and four-wheelers with service stations through its mobile app.

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