All of us may have faced a situation where our two-wheeler may have broken down in the middle of nowhere and we would try to figure out a way to get out of it. If you have not faced it, you may definitely have seen it somewhere. Developing a solution that can take care of it sounds hard but is definitely not impossible.
Mechanify is a tech-enabled two-wheelers servicing company based in Haryana that was founded by Viren Thakur (CEO) and Ujwal Seth (COO) in 2019. Mechanify makes its customers and garage owners experience a seamless, transparent, and cost-effective two-wheeler service industry. Mr. Viren Thakur and Mr. Ujjwal Seth met through a common friend and decided to take on Mechanify together.
Team Sociobits connected with the Co-Founders of Mechanify to know more about the founding of the company.
Team Sociobits: How did you come up with the idea of Mechanify? And what issues are you solving through Mechanify?
Co-Founders: The idea of Mechanify was reflected when Viren Thakur was riding his bike and it broke down in between. He was unable to find a repair shop or any roadside assistance. That is when we started thinking that why can’t we start a business which solves such problems for many of us who get stuck in between roads due to our bikes or scooters.
The idea is simple. Through our company, we are building a technology platform that bridges the gap between the customers and garages while making two-wheeler services more accessible, transparent, cost-effective, and standardized.
The company raised its first round of funding in September 2021 and Then we moved on to raising the second round of funding from India Accelerator and Zypp Electric.
Team Sociobits: How has your journey with Mechanify been so far?
Co-Founders: Starting in 2019, it took some time to make a product that fits the market. At that time we ran our operation in Rohini, Delhi, and side by side searched for investments, we were facing a lot of challenges with respect to the finances.
Mechanify was growing well until the COVID-19 pandemic occurred. We started to lose all our hopes. We then began exploring the EV Market and our company ran trials with Zypp Electric and eBikeGo, these companies were facing issues with the servicing during the lockdown. Then the Founder of Zypp Electric, Akash Gupta saw the spark in us and helped us with building connections.
The company raised its first round of funding in September 2021 and received great traction and a good response from the market. Then we moved on to raising the second round of funding from India Accelerator and Zypp Electric. Zypp Electric invested as a strategic partner. As of now, are growing exponentially month on month.
Team Sociobits: Could you point out some of the major challenges that you faced in your journey? Also, do you have any competitors?
Co-Founders: In organizing the unorganized two-wheeler market, we faced a lot of challenges. This included challenges like the credit underwriting problem. The traditional mindset was another biggest challenge.
“We want to reach a level where if a spaceship lands on Earth, its service should be done by Mechanify only.”-Co-Founders of Mechanify
Some of our competitors include GoMechanic.in, GOBumper, and Hoopy. But Mechanify is a one-stop solution for all two-wheeler needs. Mechanify is creating a seamless experience for the complete supply chain, right from procurement of the spares to fitting them in the end user’s vehicle.
Team Sociobits: Do you have any goals set to be achieved this year? What is your roadmap for the future?
Co-Founders: We have set a goal for this year to close partnership and franchise deals in Delhi/NCR and expand to other cities as well. For the future, we would only like to say one line; We want to reach a level where if a spaceship lands on Earth, its service should be done by Mechanify only.
Mechanify is taking care of all the two-wheeler servicing needs like pick and drop, garage services, swapping stations, spare parts, roadside assistance, and more. The company wants to manage your servicing needs and make maintenance hassle-free for customers.