News Details

Digital car services sector hits headlines for its first acquisition of 2018 as Noida-based startup MotorWhiz gets acquired by Blume Ventures-backed Pitstop.

The acquisition is a part cash-part stock deal and the startup hasn’t disclosed the essential financial details of the deal.

MotorWhiz was founded in 2016 by Shubhankar Rahul and Shiv Soni and offers mobile solutions for car services and repair jobs. The team of MotorWhiz will join Pitstop to build, expand and upgrade the latter’s product offerings in different geographies.