Vehicle maintenance startup Hoopy raises an undisclosed amount of fund

Hoopy, a vehicle maintenance startup, has raised an undisclosed amount of funding from Lead Angels and Venture Farmer. It was founded by IIT Kharagpur alumni Abhinav Shrivastava and Vedic Choubey, and BIIB Pune alumnus Shashank Dubey in 2016. Venture Farmer typically makes Pre-Series A to Series B investments ranging between $100k-$700k. 

Hoopy is a technology enabled company out to disrupt Vehicle maintenance industry. It is currently focusing on two wheelers and have completed more than one lakh services. The company offers various services like – doorstep bike service, vehicle repairs, denting and painting, vehicle washing and detailing, fleet maintenance, insurance claim settlements.

Abhinav Shrivastava said in a statement that “Tech-enabled operations will be the game changer of this technology starved industry. Hoopy will use this fund in its product development, expanding the team, and refinement to further improve customer service and operational efficiencies.”

Website | + posts

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.

HrNxt Newsdesk

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com. 

Tags:

What's your take on this post ? Comment: