GoMechanic eyes over 3-fold biz growth to Rs 700 Cr by 2027 before launching IPO

Quick Summary:

GoMechanic posted a revenue of Rs 210 crore in the financial year 2023-24 and a revenue of Rs 85 crore in the April-June 2024 quarter.

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

We believe that an IPO is a natural next step for GoMechanic's growth story," Arora said.

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Article Details

Author / Journalist: Press Trust of India

Category: StartupsEconomyBusiness

Markets: IndiaMali

Topics: Policy Gomechanic Revenue Arora Financial Services Privacy 2027 Crore Company Present

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-25 @ 13:12:52 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 515 words

Reading Time: 3 minutes read

Sentences: 34 lines

Sentence Length: 16 words per sentence (average)

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Copyright Owner: © YourStory

News ID: 24659894

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