2 April, 2016, Mumbai: New age startup MotoMojo an on-demand-hyperlocal platform for taking care of car and bike servicing has raised an undisclosed amount of angel funding from the founders of Ventes Aveues, which invest in startups and help them reach their customers. Niloufer Dundh, Fauzan Rahim and Balamurugan Mani, the three co-founders of Ventes Avenues, have invested in their personal capacity.
Founded in March 2016, MotoMojo currently offers services across Mumbai, Navi Mumbai and Thane and helps connect customers with reliable and trust worthy garages at affordable prices. With a strong network of over 2500 garages across the city, MotoMojo offers one click booking using the app and also ensures convenience through their ‘pick up and drop’ services . In addition, it has an inhouse team of experts to help a customer choose the services that are ideal and thus aid in decision making. Company ensures handholding of customer throughout the process which is very essential in category where majority of customer don’t have enough in-depth knowledge about servicing.
Uttam Arjun, the founder of MotoMojo believes that the largely fragmented market of automobile servicing is in dire need of a solution like MotoMojo since the true idea of a reliable service at affordable cost is lost once the sale or purchase of the vehicle is completed.
With a host of service providers catering to regular servicing/maintenance of 2 wheelers/4 wheelers, car wash, denting ,polishing and painting apart from emergency services like towing and puncture care, MotoMojo is looking at tapping into this huge market of 192 million vehicles and is set to scale up exponentially.
Uttam, who has earlier worked with FMCG giants such as Hindustan Unilever and Godrej, believes that the customer today is largely disgruntled with the levels of service offered and also the price points and this is where MotoMojo is poised to help a customer discover great service. The app which is available on Google Play is already closing in on nearly 1000 users within the first few days of launching. Company claims that it has very strong team to manage product, backend operation and understanding of automobile. With this angel round of funding MotoMojo will look at ramping up the product capabilities, marketing and also building onground support to build excellent customer service. The startup has plans to scale up its services across major metros in India over a period of time.