News

ReadyAssist Acquires SpeedForce For $10 Mn

By Anuj Suvarna

Sundaravijayam Automobile Services Pvt Ltd, which runs roadside service assistance provider ReadyAssist, has acquired Vadodara-based two-wheeler servicing firm SpeedForce for $10 million (around Rs 80 crore) in a cash and stock deal.

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Roadside Assistance Startup ReadyAssist Secures $5 Mn Funding To Build For Retail Customers

By Hemant Kashyap

• ReadAssist will use the fresh funds to develop its product for B2C customers via a subscription model
• Founded in 2018, the startup provides services such as battery jumpstart, fuel delivery, key unlocking, towing and flat tire repair
• ReadyAssist has a base of more than 6 Lakh customers, with 50% of them being cars and 10% EVs

Roadside assistance startup ReadyAssist has raised $5 Mn in its pre-Series A funding round led by Howen International Fund. The startup had last raised $1 Mn in its seed round from angel investors in January 2021.

Touchstone Capital Selects Jackson As Headquarters

International Private Equity Investment Firm Building Portfolio in Mississippi and Beyond

JACKSON, Miss.--(BUSINESS WIRE)--Touchstone Capital, an international private equity investment firm, has selected the capital city of Jackson as its home base. Originally operating out of Boston, Massachusetts, Touchstone’s leadership is aiming to create local job opportunities alongside investor returns focused on timing, access, and liquidity advantages.

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