Advertisment

Car-cleaning startup Robovac merges with rival Enzo, secures 3cr in angel funding

author-image
CIOL Writers
New Update
CIOL Car-cleaning startup Robovac merges with rival Enzo, secures 3 cr in angel funding

Ahmedabad-based waterless car washing startup Robovac has received angel funding of Rs 3 crores. The company has also announced a merger with its rival Enzo Solutions to create a new entity called RobovacEnzo.

Advertisment

This new entity would be headed by Robovac founder Mohit Shah and Enzo Solutions founder Rahul Gonsalves. The representatives of angel investors will join the management as directors.

CIOL Car-cleaning startup Robovac merges with rival Enzo, secures 3 cr in angel funding

RobovacEnzo plans to use the investment to expand national presence through partnerships with public sector undertakings to offer franchises and licences on a pan-India basis. It is also eyeing at-home subscription services and service centres in new construction projects.

Advertisment

Robovac that has built and designed a portable industrial strength commercial vacuum cleaner with presence across 49 outlets in Gujarat offers car interior vacuum cleaning service in partnership with Indian Oil Corporation.

Enzo, founded in March 2013, on the other hand, offers waterless at-home car wash services in cities including Chennai, Bengaluru, Visakhapatnam, Ahmedabad, and Chandigarh.

Virendra Patel, chairman of Popular Group and angel investor in RobovacEnzo, said, “This is one of the largest untouched spaces and the business models created by RobovacEnzo can cater to both the markets, households as well as commercial, creating high returns.”