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Mumbai based Startup, Moto Mojo seeks Angel Funding from Ventes Avenues.

Moto Mojo, a vehicle maintenance startup receives angel funding of an undisclosed amount from Ventes Avenues.

Recently launched by Uttam Arjun, Moto Mojo, a vehicle maintenance startup based in Mumbai receives angel funding from Ventes Avenues. The co-founders of Ventes Avenue are Niloufer Dundh, Fauzan Rahim and Balamurugan Mani. The amount of funding remains undisclosed. However, it is going to be used for building the product as well as the team, marketing the app and forming a strong customer base. The main idea of Moto Mojo is connecting the vehicle owners to the nearest local garages and vendors through an app. They can opt to contact the service providers directly or else, raise a request with the company.

Moto Mojo offers cost-effective and guaranteed maintenance services for your vehicle. With this, you reduce the uncertainty that you face while going to a local mechanic or garage. Presently, they can manage to take care of 50 vehicles a day with the help of a network of about 2,200 service providers.

This innovative company is operating on an on-demand hyperlocal model. Tapping the huge market of 192 million vehicles, services it offers include routine oil change, vehicle wash, brake lining, engine checkup, complete servicing, changing tyres and many more.

Currently, it is operating in Navi Mumbai and Thane. It looks forward to expand in other cities of India like Pune, Delhi and Bengaluru by the end of 2016.

Takeaways:

  • Moto Mojo, a Mumbai-based vehicle maintenance startup receives angel funding from Ventes Avenues.
  • The funds are going to be used for building the product as well as the team, marketing the app and forming a strong customer base.
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