Car Service Portal MeriCar.com Raises Seed Funding
By on March 16th, 2011

MeriCar.com is a unique car portal that helps car owners to search for car service centers and car spare sellers in their neighbourhood. All in all, MeriCar.com can be termed as an online car repair shop. The portal lists car service centers for various brands and helps users connect to the right car workshop, thereby saving on car servicing bill.

MeriCar.com has raised it’s seed funding from debutant Seed fund firm – MyFirstCheque. Although there has been no official word on the amount of investment yet but MyFirstCheque typically invests amount withing Rs 20 lakh in startups and takes an equity stake between 15 to 25 per cent.

Rakesh K Sidana, the CEO of MeriCAR.com said that My First Cheque recognised the potential of his idea and has made the much required investment with which, the company looks forward to strengthening the core team and expanding the MeriCar.com network further across the country and servicing a larger base of car users.

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Author: Debjit
Debjit does some excellent analysis of the Indian technology front and digital media news in India. He is passionate about all things Microsoft but loves open source too! Get in touch with him @dkd903

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