GoMechanic eyeing threefold growth to Rs 700 cr by 2027 before IPO launch

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GoMechanic eyeing threefold growth to Rs 700 cr by 2027 before IPO launch - Business Standard

Quick Summary:

Car services and repair platform GoMechanic expects over three-fold rise in net revenue to Rs 700 crore by 2027 and thereafter go for public listing, a top official of the company said.

GoMechanic Co-Founder and CEO Himanshu Arora told PTI that the company at present has around 3 per cent market share and aims to raise it to 10 per cent in the next three years.

The company is also looking to diversify offerings, foraying into the two-wheeler and electric vehicle services segment.