One-stop car service and repair startup Fixcraft acquires Vmotive

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In a statement on Wednesday, start-up Fixcraft announced in a statement that it had acquired “VMotive”, an auto parts brand from Vogo, and its trademark. The VMotive team will also join Fixcraft as part of the deal.

“With this acquisition, Fixcraft will be able to strategically deepen its game in India’s automotive aftermarket, the world’s third largest at $24 billion,” he said.

The company said that with ‘VMotive’ in its portfolio, it would “enable the availability of genuine, high quality replacement parts available to dealerships and workshops; VMotive replacement parts are manufactured to the specifications of major automotive brands. and thus guarantee authenticity”.

Vivek Sharma, Founder and CEO of Fixcraft, said, “VMotive in Fixcraft’s portfolio of offerings strengthens our role in the automotive repair and aftermarket segment across the entire value chain. repair and service by working for all industry players.

Fixcraft has raised a total of $2.5m, so far with a mix of high-profile micro-VCs and angel investors, including Good Capital, Bharat Founders Fund, Maninder Gulati (Oyo), Rishab Malik (Droom, Jungle Ventures), Ashish Goel (UrbanLadder) and more since starting operations in 2018, according to the release.

Fixcraft operates in Bengaluru and NCR and plans to expand to 10 metros next year.

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