Nagpur-based Hoora Technologies Private Ltd is emerging as a game-changer in the Indian autocare space. Founded by Yashwant Budhwani, Khalid Ansari, and Harsh Somani, the company offers a 360 vehicle management platform, bringing everything a vehicle owner needs, like car and bike care services, products & accessories, insurance, FASTag, challan tracking, and much more, right to their doorstep through a single app. With an asset-light and profitable model, Hoora has efficiently scaled across 60+ cities, serving 1 lakh+ customers and creating 1,000+ jobs. After rejection from Shark Tank India Season 3, the company raised ₹5 Cr in a seed round at a ₹40 Cr valuation, earning strong investor and market confidence. Hoora recently launched its D2C marketplace for accessories and insurance integration, with upcoming features like a cashless garage system, vehicle servicing, and a buy/sell car marketplace - redefining the future of vehicle ownership in India.
| Industry | Segment | Investment | Franchise Fee | Space | Expected No of Hours / month | Expansion Location/s |
|---|---|---|---|---|---|---|
| Automotive Franchise | Wash, Detailing, Repair, Oil Change & Maintenance | Rs. 2lakhs -5 lakhs | Rs. 1Lakh - 2Lakh | Less than 250 | Less than 10hrs | 4 places |
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