Bengaluru based start-up, Bumper secures $0.5 Mn funding led by SAIF Partners
Bumper, a Bengaluru based start-up and a leading one stop solution provider for car care today announced that it has secured $0.5Mn seed funding led by SAIF partners. Founded in the year 2015, this start-up draws inspiration from its parent company Autoninja, a rapidly growing venture funded start-up building technology for auto retailers in India. Autoninja founded by Akhil Gupta, Rahul Bendre, Ashis Nayak and Kshitij Saxena today boasts of working with 100 dealers across 26 major cities in India.
Bumper, spearheaded by Akhil Gupta, plans to use the fund in building a knowledge house of technology experts in solving all car related problems. As part of its plan, the fund will also foster company’s commitment to enhancing the customer experience by providing efficient and effective end-to-end solutions for any car related services.
“We are excited to have received the support of a global investor like SAIF Partners. There was a growing need for a comprehensive & trustworthy platform that could help car owners address all their car related requirements. . Today, customers really don’t know which is the best workshop in town is what really needs to be done to their car and what is the right price for same. We are trying to solve this problem by aggregating verified workshops and service providers. Our app makes it very easy to discover the right solution for your car problem and track real time status as the job is being done. . This funding will allow us to build a valuable team with deeper understanding and passion for cars so as to deliver quality service to its customers”, said Akhil Gupta, Co-founder, Bumper.
Mukul Singhal, Principa, SAIF Partners said “By 2016, India's vehicle sales would surpass Brazil, Germany and Japan making India the third largest market. With more vehicles on road, there will be a great need for a platform that can aggregate supply and demand sides for the car aftermarket in an efficient manner. TeamBumper has already been solving supply side problems of automobile sector using technology & analytics and have built a profitable business around it in a very short time. We are equally excited with the unique approach they are taking with Bumper to solve these problems"
The company helps consumers get accurate quotes for any dent, paint or repair work. Adding value to its services, Bumper also facilitates booking appointments for its customers in more than hundred workshops in Bengaluru for any car repairs and servicing needs like engine oil change, AC repair, wheel alignment/balancing, brakes overhaul, advanced car cleaning or washing etc.