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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Funding»Nigeria’s Mecho Autotech Secures Funding From Ingressive Capital to Promote Automobile Tech
    Mecho

    Nigeria’s Mecho Autotech Secures Funding From Ingressive Capital to Promote Automobile Tech

    1
    By AdeO on November 26, 2021 Funding, Investments, Technology, Venture Capital

    Mecho Autotech. an on-demand auto maintenance and repair platform, has raised an undisclosed amount of funding from Ingressive Capital, a VC targeting tech-enabled startups to boost the technological growth of the automobile sector in Nigeria. Mecho was one of the African startups selected by Y Combinator for its Summer 2021 batch.

    Founded in 2021, Mecho is a startup that uses technology to solve auto repair and vehicle maintenance issues any individual or large fleet car owner encounters. The startup has created a network of vetted mechanics, spare part vendors and an app that enables easy booking, payment and mechanic matching processes. Via the Mecho app, a customer or business can make a request for any automobile service (repairs or regular servicing) or part.

    Olusegun Owoade, founder and CEO said: “Mecho was launched in April 2021, although my team and I started the process of onboarding and vetting mechanics across the country in 2019. The whole process took about two years before we were able to achieve what we have today. Mecho is a car technician matching platform that helps car owners maintain and repair vehicles with ease. We hope to solve the problem and close the gap between car owners, quality repair services and maintenance.“

    Mr. Owoade ascertains that the new development will introduce the company to large organizations and fast-track the growth of Mecho Autotech.

    “The partnership is of huge benefit to our company’s quest to actively build out a sales pipeline and business development. This is because Ingressive Capital will be providing support and networking opportunities by introducing Mecho to large companies running large fleets. I am happy because this will fast-track the growth of Mecho,” said Owoade.

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    1 Comment

    1. Pingback: Mecho Autotech Secures $2.15m Seed Investment to Expand Vehicle Maintenance Services

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