Bengaluru-based car service startup Pitstop will invest $1 million to expand operations in Singapore.
The startup has entered into a joint venture with Singapore-based Goldbell Group to manage service and repair of vehicles in Singapore. Pitstop’s operations in Singapore have been started with a subsidiary of Goldbell Group, Goldbell Car Rental.
Having operations in Malaysia and Vietnam, Goldbell is a market leader in industrial vehicles.
Mihir Mohan, Founder and CEO, Pitstop, said, "It is a proud moment for all of us. Technology knows no boundary. The vision is to enable convenient, transparent and trustworthy service, and repair of automobiles in Singapore using our technology platform, similar to what we have been executing in India."
"Pitstop will provide an end-to-end tech platform for Goldbell Car Rental to manage service and repair of an approximate 1,500 vehicles with a maximum of 50 workshops across Singapore when it is fully implemented," he added.
