Nagpur-based startup Hoora has recently made headlines by securing ₹5 crore in seed funding to build a Vehicle 360 platform that aims to revolutionize vehicle ownership in India. Founded in 2019 by Yashwant Budhwani, Harsh Somani, and Khalid Ansari, Hoora began as a simple doorstep car and bike wash service. Over the years, the company expanded its vision to offer a full range of services, products, and insurance solutions, making it a one-stop solution for vehicle owners.
Bouncing Back from Shark Tank India
Hoora’s journey hasn’t been without challenges. In 2024, the startup pitched on Shark Tank India but failed to secure investment. Many might have seen this as a setback, but the founders chose to view it as an opportunity to innovate and grow. They focused on creating a compact, tech-enabled hardware kit designed to improve the efficiency and sustainability of vehicle care. This determination to solve real problems has been central to Hoora’s rapid rise in the automotive ecosystem.
Rapid Growth and Industry Impact
Since its inception, Hoora has experienced impressive growth. Its mobile app has been downloaded over 20 lakh times, demonstrating strong customer demand and trust. The platform currently generates ₹3 crore in monthly recurring revenue, translating to an annual revenue of ₹36 crore. Beyond financial success, Hoora has also made a notable impact on sustainability. With over 350 last-mile professionals working across cities, the startup has implemented eco-friendly car care practices, saving more than 6 crore liters of water to date. This focus on combining technology with sustainability has helped Hoora stand out in a competitive market.
Plans for Expansion
With the recent funding, Hoora has ambitious plans for the future. The company aims to expand its services into major cities across India and deploy over 1,000 Hoora Kits to strengthen its tech-enabled platform. Hoora also plans to launch direct-to-consumer products, a marketplace for vehicle accessories, and insurance services, further diversifying its offerings. The ultimate goal is to build India’s largest integrated platform for vehicle management, combining professional networks, technology, and sustainable practices to make vehicle ownership easier and greener.
A Smarter and Greener Future
Hoora’s story is a perfect example of perseverance and innovation. From being rejected on national television to securing significant investment, the startup has proven that setbacks can be stepping stones for growth. Vehicle owners can now look forward to a smarter, more sustainable, and connected experience when managing their vehicles. By merging technology, professional services, and environmental responsibility, Hoora is set to transform the way India thinks about vehicle care.