The parent company of CarDekho, GirnarSoft has acquired Help On Wheels in an all-cash deal. The move will bolster the operations of GirnarSoft’s road side assistance (RSA) vertical.
Founded in 2014 by Lalit Parmar and Nirmal Mitra, Help On Wheels is one of the homegrown RSA companies in India. The organisation maintains customer service through its own NCR-based fleet as well as a pan-India service network of 5000+.
Help on Wheels had scaled up to 50+ people to manage it operations and customer service. All the team members will join GirnarSoft. Both the founders will report to Car Owners Business’ CEO Ankur Agarwal.
Ankur Agarwal, said, “Help On Wheels will help our road side assistance business scale faster, not only by giving us an established service network and client base, but also through the decades of experience its team brings to the table. We will focus on creating the market for road side assistance which is a multibillion dollar market in the US and Europe. We believe it has massive potential in India where the RSA infrastructure is poor.”
A few months ago, GirnarSoft started its own branded RSA under the car owners division and has successfully acquired over 8,000 users, claims the company. It aims to create an entire ecosystem from the car buying to car ownership.
Help on Wheels is the fifth startup acquired by Girnar Soft in the last two years. Earlier it acquired Drishya360, Gaadi, Zigwheels, and BuyingIQ.
Girnar Soft recently raised an undisclosed amount of funding from Google Capital with participation from existing investor Hillhouse Capital.