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gomechanic
8 ARTICLES
VCs on startup boards: what do they even do?
Indian startup boards have been repeatedly caught sleeping on the job in the face of irregularities, weak processes and unethical practices. A number of factors—ranging from emotion to self-interest—are to blame.
24 Nov 2024
CarTrade is buying GoMechanic
The deal will come as a relief for the beleaguered car repair startup, while it will be an opportunity for the used-car company to expand into a new business segment.
11 Mar 2023
NCLT issues notice to GoMechanic on insolvency plea
The petition alleges the car repair startup defaulted on payments.
16 Feb 2023
Lessons from GoMechanic
The recent goings-on at the car repair startup are a reminder that much remains to be done when it comes to corporate governance in the Indian startup ecosystem.
10 Feb 2023
Pine Labs’s unending quest for a perfect IPO
A series of diverse acquisitions and culture change are at the heart of the Sequoia-backed fintech firm’s efforts to turn profitable.
07 Feb 2023
GoMechanic lays off 70% of its workforce
Sequoia Capital, the company’s largest investor, has started a forensic audit of the car servicing startup.
17 Jan 2023
GoMechanic’s working capital crisis
The car repair startup has not paid workshops and laid off around 30% employees as it waits for its next fundraise.
16 Jan 2023
Will GoMechanic succeed where everyone else failed?
Servicing automobiles is an age-old business. Does going online make it more profitable or efficient enough for a venture investor to smell disruption?
27 May 2022