Smart Garage Secures ₹2.4 Crore in Pre-Series A Funding to Expand Network

Smart Garage has secured ₹2.4 crore in a Pre-Series A funding round. This investment is part of a larger ₹15 crore fundraising plan. The company aims to raise the remaining funds within the next 12 to 18 months.

Key Highlights

• Smart Garage raised ₹2.4 crore as part of a ₹15 crore Pre-Series A funding plan
• The company currently works with over 500 partner garages in Tier-1 and Tier-2 cities
• Expansion aims to reach more than 10,000 workshops across India by 2030
• Hybrid revenue model includes franchise operations and spare parts supply through Pikpart
• Future plans include commission-based and SaaS subscription revenue streams

Expansion Plans and Current Operations

Currently, Smart Garage partners with over 500 garages. These garages operate in Tier-1 and Tier-2 cities across India. The company plans to expand its network to more than 10,000 workshops by 2030. This expansion will strengthen its presence in the automotive service sector.

Smart Garage’s platform connects various stakeholders in the automotive ecosystem. It links garages, fleet operators, insurance companies, and vehicle owners. This connection aims to streamline service operations and improve reliability for all users.

Business Model and Benefits

Smart Garage uses a hybrid revenue model. It earns income from franchise operations and spare parts supply through Pikpart. The company also plans to introduce commission-based and SaaS subscription models soon. These models will help create smoother service processes for customers and partners.

Garage owners benefit from access to digital tools and a wider customer base. This support helps them improve daily operations and business opportunities. Fleet operators and vehicle owners can find trusted service partners more easily. This reduces service delays and saves time.

Insurance companies also gain from standardized service processes. This standardization improves claim management and service quality. The funding will help build a stronger automotive service infrastructure across India.