India, 11 th July 2023: JITO Angel Network (JAN), promoted by JITO Incubation and Innovation
Foundation (JIIF), the only community-based angel network in India, has led the pre-Series A funding
round in VehicleCare, one of the fastest-growing online platforms for auto service and damage
repair.
The infusion of funds will be utilized to enhance VehicleCare’s proprietary technology, allowing for
seamless integration with an expanding network of workshops across the region. Furthermore, the
investment will support extensive marketing campaigns, reinforcing the brand’s presence and
driving customer acquisition.
Commenting on the latest funding round, Mr. Arvind Verma, Founder of VehicleCare, said, “We are
excited about the infusion of the new funds from JAN. Their investment will fuel our growth and
enable us to provide innovative solutions to address the gaps in the auto repair industry. With JIIF’s
backing, we are confident in our ability to bring quality, transparency, and reliability to our
customers.”
VehicleCare’s innovative digital solution has revolutionized the automotive space by offering quick
and easy processes for both business and consumer markets. With its efficient damage assessment
and repair management system, VehicleCare has helped numerous car owners, fleet owners,
manufacturers, insurance brokers, and insurers enhance customer satisfaction and streamline their
repair processes.
We believe in VehicleCare’s approach and its potential to transform the automotive industry, said
Pooja Mehta, Chief Operating Officer of JIIF. “We recognize the company’s commitment to
providing exceptional customer service and streamlining the car service and repair process. As the
lead investor, we are looking to contribute to the company’s success story. This funding round will
empower VehicleCare to further leverage disruptive technologies, delivering innovative solutions
and superior experiences to customers”, she added.
Founded in 2019, VehicleCare offers a wide range of services and solutions in the car service and
repair space. Its digital platform connects customers with nearby service centers, enables easy
appointment booking, and provides real-time tracking of service requests. The company also offers a
robust claim management system for businesses and a fleet management solution to streamline
operations. VehicleCare aims to bring quality, transparency, and reliability to the automotive
industry, addressing the existing challenges and delivering exceptional value to its clients.
Home Automobile VehicleCare Secures Undisclosed Investment in Pre-Series A Funding Led by JITO Angel...