Seed Firm MyFirstCheque Invests In Auto Portal MeriCAR.com
First Cheque, a seed fund, Invests In Auto Portal Mericar.com
Mumbai: 10 March 2010:
My First Cheque encourages young and budding entrepreneurs with ideas to start their own companies and plays an integral role in seeding and mentoring them to success. My First Cheque exemplifies the unique “co-fun investoring” model. Co-fun investing is an abbreviation for co-founder investing, which entails evaluating and entering a business as a co-founder and not as an investor. Through this, My First Cheque affirms their role in mentoring and guiding entrepreneurs besides providing funds.
My First Cheque signed their first investment deal with MeriCAR.com, India’s first dedicated car servicing web portal. This first investment evidently highlights My First Cheque’s commitment towards encouraging entrepreneurs and being the “first investor” in a company. Commenting on the deal, Mr. Gautam Sinha, Partner, My First Cheque said “I am extremely delighted to see an avalanche of unique ideas in the Indian entrepreneurial market. MeriCAR.com showcases the creativity and “making things happen” ability of the Indian entrepreneur.
MeriCAR.com aims to help car owners to search the neighbourhood car service centre, connect to the right car workshop and save on car servicing bill. “We are happy that My First Cheque recognized the potential of our idea and has taken the leap with us and we are even happier to be the “first cheque” of My First Cheque as we are starting this journey with a partner who knows the “pains” of starting!! With this investment, we look forward to strengthening our team and expanding our network further across the country and servicing a larger base of car users”, says Rakesh Sidana, Founder and Chief Executive Officer, MeriCAR.com.
About My First Cheque:
My First Cheque is a seed fund which will help start-ups and budding entrepreneurs realize their dreams by providing the initial investment (the first cheque) of INR 5-25 lakhs.
The customized website encourages entrepreneurs with ideas for start up companies to approach My First Cheque, who in turn plays an integral role in seeding and mentoring them to success.
Represented by ‘Chequemate’ in the form of an online avatar, My First Cheque has a unique model of investing called co-fun investing. This entails evaluating a business as a potential co-founder (focused more on execution) and NOT as a traditional investor. My First Cheque is started by three experts with more than 50 years of entrepreneurial experience, including successful exits, between them – Gautam Sinha, Prahlad Rao and Monisha Advani.
Log onto www.myfirstcheque.com and wade through the exciting contents ranging from Tales of Inspirations, Chequemate blog- Dream Big, the profiles of the Founders and the services (mentorship and guidance) My First Cheque offers budding entrepreneurs.
Find us in Facebook – http://www.facebook.com/myfirstcheque
Follow us in Twitter – @myfirstcheque
Connect with us in LinkedIn – Chequemate @myfirstcheque
About MeriCAR.com
MeriCAR.com is first in India dedicated car servicing web portal. The startup is helping car owners to search the neighborhood car service centre, connect to the right car workshop and save on car servicing bill (by offering discounts). MeriCAR.com impacts unorganized after-sales-market of Rs. 20,000 core with 35% passenger cars and provides personalized support to find the right car workshop in India. MeriCAR.com is founded Rakesh Sidana. Visit us here –http://www.mericar.com
MeriCAR.com launches Doorstep Car Services in New Delhi and NCR
MeriCAR.com, first in India, car servicing web portal, launches doorstep services which allow car owners to get car care services at home or office parking. Doorstep services includes car dry cleaning, polishing, washing and experts mechanic visit for car servicing and repair assessment.
Gurgaon, Haryana, December 22, 2010 /India PRwire/ -- MeriCAR.com, first in India, car servicing web portal, launches doorstep car services. Car owners can get car care services at their home or office parking. Doorstep services include car dry cleaning, washing and expert mechanic visit for car servicing and repair assessment.
The trained professional visit to car owners home who has no time to visit car workshop and perform dry cleaning, polishing and washing services in front of them. It gives satisfaction to customer and build trust with transparency and convenience at a very competitive price.
"With changing trends in India, customers need comfort and transparency in car services at their doorstep. We are helping customer with choice, comfort and support as a part of privileged customer program and providing them quality doorstep services." Says The Power of Ideas finalist, Mr. Rakesh Sidana, Founder, MeriCAR.com
MeriCAR.com is associated with 80 car service stations in New Delhi / NCR and has listings of 500 verified car workshops all over India. The team is providing personalized support to car owner for complete car care solution and helping them giving advice based on car workshops reviews and customer feedbacks. MeriCAR.com is associated with companies to provide value added products and services. Car breakdown, car accessories and car detailing at doorstep are popular value added services.
Notes to Editor
About MeriCAR
MeriCAR.com got appreciation in The Power of Ideas (The Economic Times) and The WagonR Think Big Idea initiatives because of its unique concept in India. The company is associated with 80 authorized and multi brand service stations and repair centers in New Delhi and NCR and has 500 verified listings of car workshops all over India. The team has already been successfully providing personalized support to car owners in New Delhi and NCR region. MeriCAR search directory would be great help for car owners all over the country. The search portal is covering major cities Ahmedabad, Bangalore, Chennai, Hyderabad, Kolkata and Mumbai. For more detail, please visit http://www.mericar.com and http://search.mericar.com
MeriCAR.com promoter has made it to FINAL of The Power of Ideas 2010 - The Economic Times Initiative
MeriCAR.com promoter, Rakesh Sidana, has made it to the final cut-off of The Power of Ideas 2010 - An initiative by The Economic Times in association with the Department of Science & Technology, Government of India, and the IIM Ahmedabad's Centre for Innovation Incubation and Entrepreneurship (CIIE).
MeriCAR.com, a first-in-India focused web portal on car servicing and repair, promoter Mr. Rakesh Sidana has made it to the first cut-off of The Power of Ideas 2010. MeriCAR.com is creating awareness about car servicing and promoting muti brand concept in India. The venture is helping car owners to search for the neighborhood car workshops using web and mobile technology.
The Power of Ideas, is India's largest entrepreneurial platform that encourages, nurtures and grooms business ideas by connecting them with relevant mentors, incubators and investors. The Power of Ideas 2010 is an initiative by The Economic Times in association with the Department of Science & Technology, Government of India, and the IIM Ahmedabad's Centre for Innovation Incubation and Entrepreneurship (CIIE).
As per the news, The Economic Times the 74 ideas, which made it to the final cut-off of The Power of Ideas 2010, will now progress to the final phase of the initiative. After sifting through a record 16,242 business ideas, evaluating panel has arrived at a mix of pure dreamers as well as budding start-up entrepreneurs.
"The Power of Ideas 2010 would be a great help for my team to take this idea to next level by evaluating and mentoring process. India needs focused platform like MeriCAR.com to organize car servicing business. Apart from investors, we are also looking for strategic partners to join our team who believe in our idea and concept." says Rakesh Sidana, founder, CEO, MeriCAR.com
The Economic Times Source:
http://www.ideas.economictimes.com
http://economictimes.indiatimes.com/Corporate-Trends/articleshow/6482544.cms
Notes to Editor
MeriCAR.com is first in India, dedicated car servicing web portal with a network of neighbourhood car workshops. MeriCAR is creating awarness about car servicing and helping car owners to connect them to the right car workshops, auto repair service centres and giving independent and unbiased advice based on user ratings, reviews and feedbacks. MeriCAR has 73 Premium Car Workshop members in New Delhi and NCR (Faridabad, Noida, Gurgaon, Ghaziabad). MeriCAR has search web directory of 500 verified car workshops all over India. More detail, please visit http://www.mericar.com and http://search.mericar.com
MeriCAR.com partners with Radiant Car Care Plus for car detailing services at doorstep
MeriCAR.com™, the first in India, car servicing web portal partners with Radiant Car Care Plus to offer doorstep car detailing services to individuals in Delhi and NCR.
Gurgaon, Haryana, May 12, 2010 /India PRwire/ -- MeriCAR.com, the pioneers in online car servicing booking web portal, is now associated with Radiant Car Care Plus Pvt. Ltd. to provide door-to door car detailing services to car owners anywhere in New Delhi and NCR.
Car owners need to send enquiry at MeriCAR.com and Radiant Car Care Plus will do required car detailing services. Services undertaken at the doorstep are Car Spa services with German Technology which include Dry Cleaning of the car interiors, under body wash, foam wash, Teflon Coating and Scrubbing and Polishing along with delivery of branded accessories with advice for fitment and functionality at your doorstep.
Radiant Car Care services are conceptualized with a vision to create a niche in the market by providing the customer with a bouquet of "Quality Car Care Services" at your doorstep. Radiant Car Care Plus is promoted by The Radiant Group, which is a professionally managed group currently operating one of India's leading car rental services in the NCR with partners across twelve cities.
"Car detailing services at the door step provides the car owner the comfort of being at home, on a familiar turf and the satisfaction of his vehicle being taken care of in front of his eyes. It saves time and money. Partnership would also help MeriCAR customer's to avail other value added services offered by Radiant services in their membership program" says Rakesh K. Sidana, CEO, MeriCAR.com™
"In today's time and age, it is about time, money and convenience...Radiant Car Care Plus was created precisely keeping these three cardinal points in mind. The company strives to provide end to end car care solutions at the customers' doorstep and where a particular service requires the car to be taken to a workshop, we recommend the best possible solution and get it executed with significant cost savings" says Roopak Jakhmola, CEO Radiant Car Care Plus
Notes to Editor
About MeriCAR.com
MeriCAR.com™, the first-in-India dedicated web portal for online booking for car servicing. The web portal is creating awareness about car care products and providing a platform for car owners to make easy contact to neighbourhood car workshops. Associated with Authorized Service Station and Multibrand Car Repair Service Center in Delhi and NCR. MeriCAR.com also has exclusive web search portal to find any car workshop anywhere in India. Visit http://www.mericar.com
About Radiant Car Care Plus
Radiant Car Care Plus is a leading complete car care solution company, offering membership based end to end car care solutions to make car ownership experience convenient and absolutely hassle free. Radiant Car Care Plus unveils its services backed by a team of veterans and experts drawn from various verticals of automobile industry.
MeriCAR.com launches Exclusive Search Directory to find any car workshop in India
MeriCAR.com launches a focused search directory which allow car owners to find any neighbourhood car workshop and connect them easily using web and mobile technology.
MeriCAR.com, a first-in-India dedicated car servicing booking web portal, developed exclusive web based search directory of car workshops all over India. Car owners can search and send enquiry to any car workshop in their city at url http://search.mericar.com
The portal has already been successfully providing personalized support to car owners in New Delhi and NCR region. The search directory would be great help for car owners all over the country. The search portal is covering major cities Ahmedabad, Bangalore, Chennai, Hyderabad, Kolkata and Mumbai.
Verified contacts, post reviews and recommendations are unique features on this search portal. The team would be helping visitors by providing them recommendations for the right car service centers.
The customer can also get benefits of online car servicing booking and servicing reminders web tools.
“The portal would focus on search and connect to verified data of car repair and service centers all over India. In future, the team can also help suggesting car service centers based on reviews, feedback and standard criteria for quality car servicing.” says Rakesh K. Sidana, Founder, MeriCAR.com
The search directory is beta release and inviting users to send feedback.
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