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| Automovill Raises Undisclosed Pre-Series A Funding from IPV- FundTQ as Exclusive AdvisorAutomovill Raises Undisclosed Pre-Series A Funding from IPV; FundTQ Acts as Exclusive Advisor
By: FundTQ Founded in 2015 by Mridu Mahendra Das, Chinmay Baruah, and Ramana Sambhu, Automovill has emerged as one of India's fastest-growing automobile service networks. With the third-largest presence across the country, the company currently serves over 1.5 million customers and operates 500+ multi-brand workshops across 20+ cities in India. Automovill provides a comprehensive range of automotive solutions, including after-sales services, vehicle repairs, second-hand car sales, and cashless insurance claim services in partnership with 18 insurance companies. The company competes with notable industry players like GoMechanic and Pitstop, offering tech-driven transparency and convenience to car owners nationwide. Get Best Investment Banking Services: https://fundtq.com/ Commenting on the transaction, Aanchal Mahani, Growth Partner at FundTQ, said: "Automovill is addressing a massive and growing market with a strong operational foundation and an impressive customer base. This round of funding from IPV will help Automovill enhance operational efficiency, expand its geographic footprint, and further strengthen its position in the Indian automotive services ecosystem." About FundTQ FundTQ is a pioneering digital investment banking and fundraising platform offering comprehensive services across Mergers & Acquisitions (M&A), Venture Capital and Private Equity syndication, and strategic business advisory. Recognized as one of the best investment banking firms in India, FundTQ combines deep financial expertise with innovative digital tools to deliver smarter, faster, and more transparent fundraising solutions. FundTQ's proprietary Valuation Software allows startups and businesses to assess their valuation in just 10 minutes using 15 key data points, while its "Choose Right Investors" platform helps founders identify and connect with over 3,000+ institutional and strategic investors — anytime, anywhere. Through a hybrid approach that blends technology and financial advisory, FundTQ empowers startups, MSMEs, and mid-sized businesses to navigate the complexities of business fundraising with precision and confidence. To date, over 100 companies have leveraged FundTQ's platform to raise capital, connect with investors, and execute successful strategic transactions. Contact Us: Email: deals@fundtq.com Phone Number: +91 9773792397 Site: www.fundtq.com End
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