Photo - MyMechanic.ru
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MyMechanic.ru

Mobile car repair services, marketplace of auto mechanics

Russia, Moscow region
Market: Auto Maintenance, Internet and IT, Services
Stage of the project: Operating business

Date of last change: 25.08.2017
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Idea

Zero-time consuming car repair services. Clicks away from getting best price and having your car fixed. Scalable IT platform for matching customers with auto mechanics

Current Status

Late startup > operational tuning and brand finalization, brand activation

Market

All Russia: 3+ years cars, 300k+ cities. Target market of at least $3 bln

Problem or Opportunity

Perfect opportunity to invest in THE ONLY mobile car repair services operator in Russia. Great starting position to develope untouched market of individual auto mechanics to transform it into a civilized market. Highly scalable business with strong support from conventional businesses, realizing in partnerships with prominent motor oil producer and insurer

Solution (product or service)

IT platform (aggregator) for matching customers with auto mechanics. Zero time spending for clients, both at order placement and its actual execution. Highest comfort/price ratio

Competitors

None competitors

Advantages or differentiators

- The only mobile car repair operator in Russia
- Strong SEO positioning in numerous relevant searches
- Marginal profitability due to high automation od business processes
- Strong diverse team of professionals

Finance

$250k 2016 sales, marginal profitability

Money will be spent on

Two main investments:
1. operational tuning, final brand formation and reaching $1M annual sales
2. brand activation in Moscow and neighboring regions

Offer for investor

Stake in company capital, with structured investment installments. Current estimated pricing $2.5M. Expected value appreciation 60% pa

Team or Management

Risks

No critical risks, highly stable and crisis-proof business, extensive macroeconomic and social base, strong deferred demand
Moderate risk: overall Russian macroeconomics (limited influence)

Incubation/Acceleration programs accomplishment

Russian Internet Initiatives Development Fund acceleration program

Photos

Photo 1 - Mobile car repair services, marketplace of auto mechanics
Photo 2 - Mobile car repair services, marketplace of auto mechanics
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation