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GoMechanic finds a buyer months after admitting to reporting errors, mass firing

Financial details of the transaction were not disclosed.

Rishabh karwaNitin ranaAmit bhasinKushal karwaLifelong groupStride venturesTiger global backed gomechanicOrios venture partnersGeneral motors

Editor s take: The week that was — Jan 16-21

Data released this week confirmed startup funding in SE Asia last year was significantly short of 2021 levels.

United statesHong kongJakarta rayaCatherine shihRaj gangulyVincent tjendraDoug coulterHong kong asia private equity forumNorfund norwegian climate investment fundB capital groupBasil technology partnersAsian development bankDeal reviewAsia partnersEmerging venture marketsTiger global

Sequoia-backed GoMechanic fires 70% staff, admits to grave errors in financial reporting

Sequoia has a roughly 27% stake in GoMechanic, and Tiger Global owns 10%, show Tracxn data.

West bengalAndhra pradeshTamil naduNitin ranaRishabh karwaAmit bhasinAmit bhasin linkedinKushal karwaSoftbank groupTiger global backed gomechanicMorning contextOrios venture partners

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