Mumbai, India, 19 November 2020 / PRNewswire / – Asphalt Autotech Private Limited (Protto) has taken out a seed stage round from a group of angel investors. Proto is a two wheeler service platform that provides vehicle-related services to individuals and organizations at standard cost and quality with pick and drop. Proto is a portfolio startup of Atal Seva Kendra – Narsi Monjee Institute of Management Studies (AIC- NMIMS) Incubation Center September 2019.
The investment will enable Proto to push its growth forward.
Speaking on the occasion, Harshal Shah, Chief Executive Officer, AIC-NMIMS “Proto had identified the need in the market and it was catering to users with better service and still has a long way to go to expand its operations pan India.”
Kunjan Hirpara, The founder of Proto said “The two wheeler service market is an unorganized and fragmented market, with varying costs and quality across geographic areas. We solve this problem by working with local workshops and certifying them. “
established by Kunjan Hirpara And Alan pinto In February 2018. Mumbai Based start-up connects two wheeler owners with a certified workshop in the locality to provide two wheel vehicle related services and basic spare parts. Protto leverages technology to enable users to track their service progress through the app and website to provide a transparent service experience to their users. The start up is currently operating with 75 service stations Mumbai And BangaloreIt is planned to expand to 200 service stations by the end of 2021.
Released in image format – http://aic.nmims.edu/AIC%20Letter%20Head.jpg
Release in pdf format – http://aic.nmims.edu/AIC%20Letter%20Head.pdf
AIC-NMIMS Incubation Center has been started by NMIMS (Narsee Monjee Institute of Management Studies) in collaboration with NIMI Aayog, Govt. India. It is a sector agnostic incubator, established to provide the ecosystem for budding entrepreneurs to build successful and sustainable businesses. AIC NMIMS has built its own investor network, called 25X7 Network, which brings together a whole host of angel investors and venture capital funds, facilitating their portfolio startups to raise funds. For more information, go to: https://aic.nmims.edu/
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