gear6, a Bangalore based online bike service platform has just raised $500k seed funding.
Bengaluru | Apr 4, 2016 12:40 PM IST.
gear6.in, an online bike service and repairs platform has raised $500k from Ninestarter, an early-stage seed investment company that believes in the auto-tech services space. "We feel gear6 sufficiently disrupts the current CRM model by changing the customer services landscape", said a Ninestarter spokesman.
gear6, founded by Rakesh Vaddadi, Harrsha Chaittanya, Kumud Kumar and Srikanth Nelakuditi, all BITS-Pilani alumni, has a 30-member team.
Conceptualized in November 2015, gear6 began operations in January 2016 and clocked 1500 orders in the first three months.
gear6 hopes to bring the whole bike maintenance sector online and simplify end-to-end bike maintenance which includes servicing, repairs, insurance and emergency services. The company has tie-ups with more than 100 authorized service centers with real-time tracking to ensure customers have the comfort of knowing the status of their bike, at any given time.
This recent round of funding will be used in marketing, expanding the customer base and bringing on board more service centers to increase reach in Bangalore.
In an interview with Red Newswire, speaking on how gear6 fits into the current scenario, gear6 CEO Rakesh Vaddadi said,
“The motorcycle maintenance landscape in the country is largely fragmented and unorganized, with a large disparity in rates, service quality and customer experience across garages and service centres. It's to address this problem that we founded gear6”.
Kalyan Karthik N