# Chatpay Commerce Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chatpay-commerce-private

- Industry: Internet
- Headquarters: Bangalore, India
- Website: www.getpitstop.com
- Total disclosed funding: $9.7M
- Latest round: Series B (Jul 28, 2022)
- Investors on record: 8

## About

Chatpay Commerce Private Limited, based in India, excels in providing innovative automotive repair and detailing services, ensuring convenience and quality to car owners and fleet managers alike.Founded in 2015 and headquartered in Bangalore, India, Chatpay Commerce Private Limited operates under the brand GetPitstop, specializing in automotive services. The company has successfully completed 9 deals, with its most recent funding round being a Series B in July 2022, where it raised INR 110.23 million from investors including AngelList India and Blume Ventures. Co-founded by Mihir Mohan, who also serves as CEO, the firm has not undergone any significant pivots in its operational strategy nor does it have any known subsidiaries.GetPitstop specializes in automotive services, primarily focusing on car repair and detailing. The company’s core offerings include a range of preventive maintenance services, comprehensive vehicle repairs, and specialized detailing packages designed to enhance the aesthetic appeal and longevity of vehicles. These services address common vehicle issues such as performance optimization and exterior preservation, catering to individual car owners as well as fleet management companies.In its most recent financial year, 2021, GetPitstop reported a revenue of INR 1,027,325.70 and an EBITDA of -INR 1,830,075.80. The company generates revenue through a structured transaction model involving direct service engagements with its clients, utilizing a straightforward pricing strategy for its services.In July 2022, Chatpay Commerce Private Limited raised INR 110.23 million from various investors, which will be utilized to expand its product offerings and enhance service efficiency. The company plans to introduce new detailing packages and maintenance services by mid-2023. Additionally, there are strategic plans to expand into urban markets beyond India, particularly targeting Southeast Asia by the end of 2024.

## Funding rounds

- Series B, Jul 28, 2022, $1.4M — Ventureast, Blume Ventures, LVX, Goldbell Group, AngelList India
- Series B, Nov 6, 2020, $3.4M — Ventureast, Blume Ventures, Acko Technology and Services Private Limited, LVX, AngelList India
- Series B, Jul 25, 2019, $2.4M — Blume Ventures, Goldbell Group, Group Landmark, Chua Chuan Leong Investments Holding Pte. Ltd.
- Series B, May 12, 2018, $1.5M — Blume Ventures, Goldbell Group, Chua Chuan Leong Investments Holding Pte. Ltd.
- Seed, Apr 17, 2017, $1M — Blume Ventures, Goldbell Group, Chua Chuan Leong Investments Holding Pte. Ltd.

## Investors

- Blume Ventures (https://capitalatlas.ai/funds/blume-ventures) — Seed, Series B
- Goldbell Group — Seed, Series B
- Chua Chuan Leong Investments Holding Pte. Ltd. — Seed, Series B
- Group Landmark — Series B
- Ventureast (https://capitalatlas.ai/funds/ventureast) — Series B
- Acko Technology and Services Private Limited — Series B
- LVX (https://capitalatlas.ai/funds/lvx) — Series B
- AngelList India — Series B