Orios writes down GoMechanic investment
The Gurugram-based firm was looking to raise a new funding round led by SoftBank and Khazanah Nasional and was commanding a valuation of over $800 million.
NEW DELHI : Venture capital firm Orios Venture Partners, which owns about 17.1% of troubled car servicing startup GoMechanic, in an internal mail to its limited partners (LP) said it has written down its investment in the startup, a copy of which has been reviewed by Mint.
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