Sequoia Capital India, Orios Venture Partners & Chiratae Ventures also participated in the round. :
GoMechanic, the technology-enabled auto after-sales service and spare parts company, has secured $42 million in Series C funding in a round led by Tiger Global Management with the existing investors Sequoia Capital India, Orios Venture Partners & Chiratae Ventures also participating. It is the fourth round of institutional funding for GoMechanic. The proceeds of this funding round will be used to accelerate GoMechanic’s growth and expansion in tier-2 and tier-3 cities in India, for ramping up the technology team and launching operations in international markets.