Exploring solution for a problem is the crux of entrepreneurship and this is what motivated Naresh Khanduri, Santosh Nallapeta, Ritwik Batabyal and Ramakant Desai to found Check Car. One fine evening, in April 2012, after usual office work the three were talking about how difficult it was to believe second-hand car market players, both for selling and buying the cars.
As most of this industry in India is driven by unorganized sector, a used car consumer does not have many options to help them understand right value, worthiness for their cars. Outlining the thoughts behind Check Car, Naresh Khanduri said “We thought why don't we provide a platform for used car consumers where they can get a complete evaluation for any used car so that they can make informed and intelligent decision while selling or buying cars”..
At present, Check Car enables users to discover prices of car by entering details such as brand, model, year and variant. It also offers information including number of accidents it has met with, or the condition of the engine and electrical system, to any mechanical problems or unpaid fines for traffic violations by pre-owned car. Besides this, the startup curates comprehensive content across brands selling car, importance of features such as chassis number etc.
To asses your car condition and present value - users need to only feed their car number details. Post which Check Car gives detailed analysis of the car you are going to purchase, it uses advanced devices to detect body paint work (indicating accidents), engine analysis and transmission analysis. The startup also gives scorecard, a tool that enables you to understand a vehicle′s worthiness quickly and easily, compare it to other cars ideally of same age, and lower the risk of buying a car with undetected problems.
Launched in August 2013 Check Car claims to have queries every day. “We have customers from outside Bangalore willing to pay and avail our services in their respective town. But we want to streamline, focus on Bangalore before we expand to other cities or states,” said Khanduri. Check Car is a brainchild of Ttatva Innovation Labs, which also fetched the first prize at the ‘Next Big Idea 2013’ conducted by the N.S. Raghavan Centre for Entrepreneurial Learning (NSRCEL), Indian Institute of Management, Bangalore (IIMB).
Apart from consumer segment, the company gets significant queries from B2B segment. Check Car aspires to become unbiased assessment services using advanced data analytics and evaluation techniques to bring transparency and trust among consumers. “We have started with used car market segment in Bangalore and would expand to all major cities in next 12 - 18 months,” concluded Khanduri.