Automoto raised $12M in the first tranche of its extended pre-seed funding round led by Venture Bridge to launch its first experience center for vehicle ownership.
Amount Raised
$12 Million
Round Type
Pre-Seed
BengaluruTransportationAutomotiveFleet ManagementInvestors
Description
Automoto has successfully completed the first tranche of its extended pre-seed funding round, attaining a valuation of Rs 100 crore. The funding will be utilized to establish an experience center that integrates its digital product offerings for vehicle ownership.
Quick answer
Automoto raised $12 Million in a Pre-Seed round, dated October 21, 2024. Investors: Venture Bridge. Automoto is based in Bengaluru, Karnataka, India.
- How much did Automoto raise?
- Automoto raised $12 Million in a Pre-Seed round on October 21, 2024.
- Who invested in Automoto?
- Venture Bridge is named as investors in this round.
- What does Automoto do?
- Automoto focuses on quick service cum automotive care and addresses the entire range of vehicles from two-wheelers to commercial trucks.
- Where is Automoto based and how big is it?
- Automoto is based in Bengaluru, Karnataka, India.
Source: Fundz verified event record.
Who else raised in Transportation and Automotive around the same time
Companies in the same sectors as Automoto that raised within 45 days of this round, from Fundz verified event records.
- MOOEV Technologies raised $475K (Seed) on November 6, 2024.
- Everest Fleet raised $30M (Series C) on September 20, 2024.
- Zelos Technology raised $100M (Funding Round) on November 11, 2024.
- ZoomCar raised $9.2M on November 7, 2024.
- ZoomCar raised $200K (Post-IPO Equity) on November 7, 2024.
- ZoomCar raised $9.2M (Post-IPO Equity) on November 6, 2024.
Who to call at Automoto, and when
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Automoto raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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