Tiger Global in talks to invest in GoMechanic at over $1 billion valuation

Tiger Global in talks to invest in GoMechanic at over $1 billion valuation

2 years ago
Anonymous $jukOC22bR_

https://techcrunch.com/2022/02/09/gomechanic-tiger-global-india-auto/

Tiger Global is in talks to lead a new financing round in GoMechanic, an India startup that operates a network of technology-enabled automobile service centres, two sources familiar with the matter said.

The proposed talks for the Gurugram-headquartered Series D funding values the startup at $1.2 billion, up from $325 million in Series C that it disclosed in June last year, sources said, requesting anonymity as the deliberations are ongoing and private.