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GoMechanic

GoMechanic Franchise

Automobile & EVEst. 2016Gurugram (7th Floor, Tower A, Spaze iTech Park, Sector 49)

Car-service app brand (Service Easy Technology, Servizzy/Lifelong-owned); franchise terms not published and status unconfirmed; FY25 loss Rs 96 Cr.

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)

Franchising status unconfirmedModels: Other · Dealer · UnitTerms checked Oct 2026

Investment

Not published

The brand doesn't publish its investment

Ongoing take

Not published

Franchise fee

Not published

Payback

Not published

FranchiseChuno ScoreNot scored — not taking franchisees
  • 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

  1. Get written confirmation that GoMechanic is taking franchisees at all before paying anything — see the note at the top of this page.
  2. Ask for the one-time franchise fee in writing, and whether any part is refundable.
  3. 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.

Partner model

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.

Dealership

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.

Unit franchise

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 check

What 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 more
  • 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

FOFO

Franchisee-Owned, Franchisee-Operated

Contract Duration

—

Renewal Available

—

Territory Exclusivity

—

Non-Compete Clause

No

Exit 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.

Parent CompanyServizzy (Lifelong Group consortium), which acquired the business in Mar 2023
HeadquartersGurugram (7th Floor, Tower A, Spaze iTech Park, Sector 49)
GoMechanic is a car-service brand run by Service Easy Technology Private Limited (Gurugram), which operates the gomechanic.in app and site for scheduled servicing, AC, denting, painting, tyres, batteries and detailing at partner workshops. The brand was founded in 2016; Tracxn dates the current operating company to Aug 2021. In Mar 2023 the business was sold to Servizzy, a Lifelong Group consortium company, after a co-founder admitted lapses in financial reporting. Its home page (Oct 2026) claims 2 million+ happy customers, 25 lakh+ cars serviced, a 4.0 average rating and 1,000+ touch points; the workshop locator for Chandigarh alone shows 36 workshops within 5 km. The franchise offer is unclear. The partners page has an 'Apply for franchise' option next to 'Car Workshop' and 'Spares Retailer' sign-ups, and the site lists a franchise e-mail address, but it publishes no investment, fee, royalty, area, term or payback. Its partner statistics (500+ partners, Rs 200 Cr paid out in 2019) date from 2019. Inc42 reported in Nov 2023 that fresh funds would go toward 'different formats of franchisee workshops' and in Feb 2025 that it plans a Rs 100 Cr two-wheeler push, but neither gave a franchise model. We could not confirm a live franchise programme, so the status is shown as unknown. What to watch: in Jan 2023 a co-founder publicly admitted lapses in financial reporting, about 70% of staff were laid off, and in 2023 the Delhi Police Economic Offences Wing registered an FIR against the original co-founders on investors' complaint (allegations only; no finding has been reported). The operating company lost about Rs 96 Cr on Rs 145 Cr of revenue in FY25 and Tracxn shows one pending case against it. In Feb 2023 a vendor, DigiRovers, filed an insolvency plea at the NCLT over Rs 1.25-1.5 Cr of alleged dues; notice was issued and we found no report of the outcome. In Jul 2024 the company said it had Rs 210 Cr of FY24 revenue and 600+ workshops and had turned EBITDA-positive, a claim that does not line up with the filings we could read. Customers rate the service 1.4 of 5 on Trustpilot (42 reviews). Any partner should ask for written terms, the deposit and the payout and exit conditions first.

Why invest in GoMechanic?

- GoMechanic's home page (Oct 2026) claims 2 million+ customers, 25 lakh+ cars serviced and 1,000+ touch points. - Service Easy Technology Pvt Ltd is Active at the registrar with FY25 revenue of about Rs 145 Cr, up from the prior year, with a net loss of about Rs 96 Cr (MCA via Tracxn). - Servizzy, a Lifelong Group company, bought the business in Mar 2023; a $6 Mn round followed in Nov 2023 (Inc42, Autocar Pro).

GoMechanic by the Numbers

Source marked on each figure

2 million+ (brand claim)

Customers served · Oct 2026

Brand claim

25 lakh+ (brand claim)

Cars serviced · Oct 2026

Brand claim

4.0, 'based on 150000+ reviews' per the home page (reviewing platform not named)

Average rating · Oct 2026

Brand claim

Rs 144.5 Cr (loss Rs 96.1 Cr)

Operating company revenue FY25 · FY25

Company filing

FY24 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 claim

GoMechanic 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

Chandigarh, ChandigarhMohali, Punjab

Cities with Outlets

2 cities
Has an outlet
Major city, no outlet listed
Click a city to explore

Company Financials

Brand-level, publicly reported

The 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

Sequoia Capital IndiaTiger GlobalChiratae VenturesOrios Venture PartnersStride Ventures

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 timelineShow

GoMechanic Financials Over Time

Figures for the brand, from filed or reported accounts.

FY22
₹90.5 Cr
Loss ₹114 Cr
FY23
₹309.79 Cr▲ 242%
Loss ₹147.17 Cr
FY24
₹66.73 Cr▼ 78%
Loss ₹84.85 Cr
FY25
₹144.52 Cr▲ 117%
Loss ₹96.15 Cr

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

  1. 2016

    GoMechanic founded

    Per Tracxn; Targetone Innovations incorporated May 2016.

    Source
  2. Jun 2021

    $42 Mn round led by Tiger Global

    Reported at a $285 Mn post-money valuation (Inc42).

    Source
  3. Jan 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).

    Source
  4. Mar 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.

    Source
  5. Nov 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.

    Source
  6. Feb 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 data

How 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.

  1. 1Get written confirmation that GoMechanic is taking franchisees at all before paying anything — see the note at the top of this page.
  2. 2Ask for the one-time franchise fee in writing, and whether any part is refundable.
  3. 3Ask for the royalty and any marketing-fund fee, and how they're calculated (on sales or profit).
  4. 4Ask for the agreement term, renewal fee and exit or transfer terms.
  5. 5Ask whether you get an exclusive territory, and how large it is.
  6. 6Ask how the franchisor funds training and support while it's loss-making.
  7. 7Ask the brand to respond to each red flag listed under Reputation & News.
  8. 8Have a lawyer review the franchise agreement before paying anything.
  9. 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 whatShow

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

Not published

Supply Chain Support

Vendor sourcing, inventory & logistics

Not published

Technology / POS

Billing, inventory, and management software

Not published

Marketing Support

National & local marketing campaigns

Not included

Launch Support

Pre-opening setup and grand-opening assistance

Not published

Ongoing Field Support

Regular visits and operational coaching

Not published

Training Programme

Not published. In 2022 press said GoMechanic joined NSDC to train mechanics; no current franchisee training terms are published.

Ongoing Support

The partners page lists customer demand, spares and consumables, operations support and a technology suite for workshops (2019-era page, Oct 2026 copy).

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

Frequently Asked Questions

What training does GoMechanic provide?
Not published. In 2022 press said GoMechanic joined NSDC to train mechanics; no current franchisee training terms are published.

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