facebook-page-view
Advertisement

Bengaluru-based CleanseCar raises seed funding

By Keshav Sunkara

  • 19 Sep 2018
Bengaluru-based CleanseCar raises seed funding
Credit: Shah Junaid/VCCircle

CleanseCar Washing and Repair Services Pvt. Ltd, which operates through app in Bengaluru only, has raised $150,000 (Rs 1.08 crore) worth of seed funds from angel investor Dhianu Das, a co-founder told VCCircle.

The startup plans to use the funds to primarily expand operations, said co-founder Kalyandar Vinukonda. The firm will expand to Chennai, Pune and Hyderabad in the coming months.

Das, co-founder of used-car showroom LuxuryRide, has been chief mentor to CleanseCar for the past six months, shows his profile on LinkedIn, a professional networking site.

Advertisement

He is a business mentor to ClearDekho and a board member at GoMechanic.

Vinukonda in a release said, “India is one of the largest automobile markets in the world, yet there is a huge gap in supplementary markets such as car cleaning. Our aim is to bridge this gap using innovation and environmentally-conscious processes at an affordable price.” 

Advertisement

Incorporated in January 2018, CleanseCar was founded by Vinukonda and Pratibha Shalini. Its services include wet and dry cloth wash, external water wash and interior vacuum cleaning.

The company claims to have served over 3,000 consumers since it began operations in March. 

In the past few months, the broader automobile-servicing space had seen a good number of mergers and acquisitions as well as fundraisings.

Advertisement

In April, car-servicing startup Carcrew Technology Pvt. Ltd, backed by TVS Group, raised $2 million (Rs 13 crore) in a fresh pre-Series A round led by an undisclosed private equity firm.

Advertisement

Last December, Noida-based online automobile services startup GarageOnRoad raised an undisclosed amount in a seed round from Gaurav (Jerry) Gupta, senior vice-president at re-insurance multinational Swiss Re.

Share article on

Advertisement
Advertisement