
GoMechanic Franchise
Car-service app brand (Service Easy Technology, Servizzy/Lifelong-owned); franchise terms not published and status unconfirmed; FY25 loss Rs 96 Cr.
We couldn't confirm GoMechanic is taking franchisees right now
Treat this as research, not an open offer, until the brand confirms its programme in writing. See the note below.
About This Listing
GoMechanic's partners page has an 'Apply for franchise' option and the site lists a franchise e-mail address, but it publishes no franchise terms, and the partner statistics on that page are from 2019. We could not confirm that a franchise programme is currently open.
Source: GoMechanic partners page (Oct 2026)
GoMechanic franchise at a glance (terms checked Oct 2026)
Investment
Not published
The brand doesn't publish its investment
Ongoing take
Not published
Franchise fee
Not published
Payback
Not published
- Franchisor made a loss of ₹96.1 Cr in FY25
- Legal or regulatory action on record — see Reputation & News
- Disputes with franchisees: None found (records checked Oct 2026)
- Revenue trend: +117% revenue FY24→FY25
- Company standing: Active and up to date with the registrar
Franchisor strength isn't franchisee profit — check real outlet numbers.
Outlets
1,000 (brand claim)
What we couldn't verify
- • Outlet closures
- • Franchisee satisfaction
- • Outlet claim matches reality
- • Network growth
Ask before you sign
- Get written confirmation that GoMechanic is taking franchisees at all before paying anything — see the note at the top of this page.
- Ask for the one-time franchise fee in writing, and whether any part is refundable.
- Ask for the royalty and any marketing-fund fee, and how they're calculated (on sales or profit).
Franchise terms checked against GoMechanic's partners page on 13 Oct 2026. Figures marked * aren't published by the brand — they come from other published sources or our own estimate, and aren't verified.
Ways to Partner with GoMechanic
3 partner models published by the brand. Figures it doesn't publish are left blank.
Car workshop partner
- Royalty / margin
- Not published
- Who it suits
- Existing workshop owners; sign-up form with workshop name and locality
Partner programme page is a 2019-era page; terms, fees and revenue share not published.
Spares retailer partner
- Royalty / margin
- Not published
- Who it suits
- —
Listed on the partners page with 'competitive pricing' and 'genuine spare parts' benefits; no terms.
Franchise (as listed on the partners page)
- Royalty / margin
- Not published
- Who it suits
- —
The page has an 'Apply for franchise' option with no terms; programme status unconfirmed.
Reputation & News
4 red flags to checkWhat the press, courts and real franchisees or customers have said about GoMechanic — summarised by us, with every source linked.
- Customer view· Oct 2026★ 1.4/5 · 42 ratings
Trustpilot: 1.4 of 5 from 42 reviews
Recent customer reviews (Sep-Oct 2026) describe puncture bookings where no technician arrived and an advance was asked, a car held 13 days with a large bill and the original fault still present, and unresolved refund requests. Customer, not franchisee, reviews; small sample.
Source: Trustpilot - In the news· 19 Jan 2023
Founder admits 'grave errors' in financial reporting; 70% laid off (Jan 2023)
Inc42 reported that a co-founder confessed the monthly reports given to shareholders were not true; FY21 loss was restated from Rs 27.4 Cr to Rs 74 Cr between filings, FY22 loss was Rs 114 Cr on Rs 90.5 Cr revenue, and investors ordered an EY forensic probe. Inc42 could not independently confirm all details.
Source: Inc42 - Legal / regulatory· 8 Nov 2023
Delhi Police EOW FIR against original co-founders (alleged)
Inc42 (Nov 2023) reported that the Economic Offences Wing registered an FIR on investors' June 2023 complaint alleging fraud and cheating, including falsified bank statements, inflated revenues and siphoned money. These are allegations; the article does not report any finding. The FIR names the former co-founders and management, not the present operator.
Source: Inc42 - Legal / regulatory· 15 Feb 2023
NCLT issues notice on operational creditor's insolvency plea (Feb 2023)
Inc42 reported that DigiRovers, a digital-marketing vendor, filed an insolvency plea alleging Rs 1.25-1.5 Cr of unpaid dues and the NCLT issued notice on 15 Feb 2023, with a hearing set for 27 Mar 2023. GoMechanic's spokesperson said no insolvency case had been admitted. We found no report of the outcome; Tracxn lists Targetone Innovations, the former operating entity, as respondent.
Source: Inc42
Show 1 moreShow fewer
- In the news· 8 Nov 2023
$6 Mn raised after the sale (Nov 2023)
Autocar Pro reported the round, with a fourfold revenue increase attributed to the company's press release (unaudited claim). The article gives no workshop count and does not mention franchising; Inc42's report of the same round does (see timeline).
Source: Autocar Pro
Reported News & Risk Factors
This section is reported business risk, not franchisee/customer sentiment — research turned up no genuine, verifiable franchisee testimony on Reddit or Quora for this brand, so none is presented as such. GoMechanic's finances came under scrutiny in January 2023 when co-founder Amit Bhasin publicly admitted to "errors in judgement" in financial reporting. An EY audit (Oct 2022–Jan 2023) reportedly found that roughly 60 of the company's ~1,000 garages had broken accounting rules by inflating revenue and diverting funds, alongside about ₹108 crore booked as unsupported "other expenses." Transactions with a vendor entity named Parcit were reported to involve circular invoicing that inflated income, contributing to a reported loss north of ₹100 crore. Investors including Peak XV Partners (formerly Sequoia India), Tiger Global, Orios Venture Partners, and Chiratae Ventures reportedly filed a police complaint. The company laid off roughly 70% of its India staff and was later acquired at a steeply reduced valuation. This is directly relevant to evaluating risk with this brand and is included for that reason — verify current company status independently before making any investment decision. Ownership update (2026-09-26 audit): beyond the 2023 Servizzy/Lifelong Group acquisition mentioned above, used-car platform Spinny lined up a 100% acquisition of GoMechanic as part of a $160M Series G round announced in November 2025. Current ownership should be verified directly with the company rather than assumed from either acquisition alone.
Sourced from published reporting, not verified firsthand by FranchiseChuno. Last reviewed Sept 2026.
Key Terms at GoMechanic
The clauses that shape day-to-day running and your exit — read these before the fee.
- Other terms
- No franchise or partner agreement terms (fee, royalty, term, exit, territory) are published.
Legal & Contract Summary
Key contract terms at a glance — read before you sign.
Agreement Type
Franchisee-Owned, Franchisee-Operated
Contract Duration
—Renewal Available
—Territory Exclusivity
—Non-Compete Clause
NoExit Clause
—About the Brand
Brand USP
App-led car-service brand now owned by a Lifelong Group consortium, rebuilt after a 2023 financial-reporting scandal.
Why invest in GoMechanic?
GoMechanic by the Numbers
Source marked on each figure2 million+ (brand claim)
Customers served · Oct 2026
Brand claim25 lakh+ (brand claim)
Cars serviced · Oct 2026
Brand claim4.0, 'based on 150000+ reviews' per the home page (reviewing platform not named)
Average rating · Oct 2026
Brand claimRs 144.5 Cr (loss Rs 96.1 Cr)
Operating company revenue FY25 · FY25
Company filingFY24 revenue Rs 210 Cr, 600+ service workshops in 50+ cities, EBITDA-positive in Q1 FY25 (Inc42, from a company statement; unaudited). Filings we read for Service Easy Technology show FY25 revenue Rs 144.5 Cr and a Rs 96.1 Cr loss.
Company statement, Jul 2024 · Jul 2024
Brand claimGoMechanic Outlet Network
By channel · Oct 2026
Touch points (brand claim): 1,000 outlets · Oct 2026 · gomechanic.in
By city tier · 13 Oct 2026
Workshops within 5 km of Chandigarh view (locator sample): 36 outlets · 13 Oct 2026 · gomechanic.in
Cities with Outlets
Show all 2 citiesHide the city list
Company Financials
Brand-level, publicly reportedThe franchisor's own company health — separate from what a single franchise outlet earns.
Revenue (FY25)
₹144.52 Cr
Net loss (FY25)
₹96.15 Cr
Total funding raised
$68.8M+
Valuation (11 Mar 2023 (Tracxn; sale-time valuation. Inc42 reported a $285 Mn post-money valuation in Jun 2021))
$30.0M
Latest round (8 Nov 2023)
$6.0M · Strategic round led by an undisclosed family office, with existing investor Stride Ventures participating (Inc42, Nov 2023); Tracxn classes it as venture debt
Employees (Apr 2026 (Service Easy Technology, via Tracxn))
174
Notable investors
Source: MCA filings via Tracxn (Service Easy Technology Private Limited, the operating company named in GoMechanic's terms)
Source: Tracxn (includes venture-debt rounds; Inc42 put equity at about $55 Mn in Jan 2023)
A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle — talk to existing franchisees and see their accounts before you decide.
Company Health Check
What GoMechanic's franchisor company has filed with the registrar and the courts — the checks a lawyer would run before you sign.
- Status with the registrar
- Active
- Last AGM
- 28 Nov 2025
- Pending cases against it
- 1
- Pending cases it filed
- 0
- Paid-up capital
- ₹41.58 L
- Auditor
- V A P & Co (per Tracxn; that appointment ended 20 May 2024, current auditor not shown)
- Brand trademark
- Not checked at IP India (captcha-gated)
Group companies
- Targetone Innovations Private LimitedGroup company
- Servizzy / Lifelong Group consortiumshareholder
Source: MCA records via Tracxn (Service Easy Technology and the former operating entity Targetone Innovations). Tracxn shows no insolvency (CIRP) flag for either; the nature of the one pending case against Service Easy is not shown. Registrar compliance flag was not returned. IP India trademark and GSTIN not checked (captcha). (checked Oct 2026)
Full company recordsFinancials year by year, registered details, leadership and timelineShowHide
GoMechanic Financials Over Time
Figures for the brand, from filed or reported accounts.
Source: Inc42, Jan 2023, from the FY22 filing (Targetone Innovations): revenue Rs 90.5 Cr, loss Rs 114 Cr; later flagged by investors as misstated · MCA filings via Tracxn (Targetone Innovations Private Limited, the former operating entity; figures are from the pre-sale period under the founders) · MCA filings via Tracxn (Service Easy Technology Private Limited)
A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle — talk to existing franchisees and see their accounts before you decide.
Company Profile
The legal entity behind the brand, its leadership, and its official channels.
- Registered name
- SERVICE EASY TECHNOLOGY PRIVATE LIMITED
- Company type
- Private Limited Company
- CIN
- U50400HR2021PTC097130
- Incorporated
- 20 Aug 2021
- Headquarters
- Gurugram (7th Floor, Tower A, Spaze iTech Park, Sector 49)
Leadership
- HHimanshu AroraCo-founder and CEO (per Inc42, Nov 2023)
- MMuskan KakkarCo-founder and COO (per Inc42, Nov 2023)
Company details source: MCA records via Tracxn; named as the operator in GoMechanic's terms page
GoMechanic Timeline
2016
GoMechanic founded
Per Tracxn; Targetone Innovations incorporated May 2016.
SourceJun 2021
$42 Mn round led by Tiger Global
Reported at a $285 Mn post-money valuation (Inc42).
SourceJan 2023
Co-founder admits financial-reporting lapses; about 70% of staff laid off
Staff fell from nearly 1,000 to about 300; investors ordered an EY probe (Inc42, 19 Jan 2023).
SourceMar 2023
Business acquired by Servizzy (Lifelong Group consortium)
Inc42 calls it a fire sale pegged at Rs 220 Cr. In Nov 2023 it called the four original co-founders 'erstwhile' and said at least two were working on new ventures.
SourceNov 2023
$6 Mn strategic round
Led by an undisclosed family office, with Stride Ventures participating; Inc42 says the funds will also go to new categories and 'different formats of franchisee workshops'. Tracxn classes the round as venture debt.
SourceFeb 2025Announced plan
Rs 100 Cr two-wheeler expansion plan announced
Plans to reach over 100 cities and 1 million customers in year one (Inc42); not a franchise announcement.
Source
FranchiseChuno Analysis
Our analysis of verified dataHow GoMechanic looks once the numbers are checked side by side.
- !The franchisor company is loss-makingIts latest filed accounts show a net loss. Franchisors that lose money can cut support or change terms — ask how franchise operations are funded.
- ✓Brand operating for 10 yearsFounded in 2016. The brand doesn't state when franchising began.
- !4 red flags in the news or public discussionSee Reputation & News below, and ask the brand to address each one.
Data completeness
64%
- ✓ Terms checked against the brand's own page
- ✓ Published investment (not an estimate)
- â—‹ Franchise fee
- â—‹ Royalty
- â—‹ ROI or payback claim
- â—‹ Agreement term
- ✓ Training details
- ✓ Outlet cities verified
- ✓ Company financials
- ✓ Legal entity
- ✓ News & public opinion checked
Ask Before You Sign
Questions tailored to what GoMechanic does and doesn't publish.
- 1Get written confirmation that GoMechanic is taking franchisees at all before paying anything — see the note at the top of this page.
- 2Ask for the one-time franchise fee in writing, and whether any part is refundable.
- 3Ask for the royalty and any marketing-fund fee, and how they're calculated (on sales or profit).
- 4Ask for the agreement term, renewal fee and exit or transfer terms.
- 5Ask whether you get an exclusive territory, and how large it is.
- 6Ask how the franchisor funds training and support while it's loss-making.
- 7Ask the brand to respond to each red flag listed under Reputation & News.
- 8Have a lawyer review the franchise agreement before paying anything.
- 9Visit 2–3 existing outlets and speak to their owners without the brand present.
Running the outletSpace, staff, launch steps, training, support and who does whatShowHide
Operations Required
What you'll need on the ground to run this franchise day-to-day.
Area Required
—
Staff Needed
—
Setup Time
—
Owner Involvement
Full-time
Best Locations
Not published
Business Type
Not published
Training & Support
What the brand provides to help you launch and run your franchise.
Training Cost
Covered by franchisor
Operations Manual
Step-by-step playbook for running the outlet
Supply Chain Support
Vendor sourcing, inventory & logistics
Technology / POS
Billing, inventory, and management software
Marketing Support
National & local marketing campaigns
Launch Support
Pre-opening setup and grand-opening assistance
Ongoing Field Support
Regular visits and operational coaching
Training Programme
Ongoing Support
What GoMechanic franchisees say
We haven't yet heard from enough GoMechanic franchisees to show anything. We publish totals once 3 or more people who run an outlet have answered and we've called each one to check.
I run a GoMechanic outlet — share how it went
