Orios Venture owns about 17.1% of GoMechanic (Photo: iStock)

Orios cancels GoMechanic’s investment

NEW DELHI : Venture capital firm Orios Venture Partners, which owns about 17.1% of struggling auto service startup GoMechanic, in an internal letter to its limited partners (LP) said it had cut its investment in the startup, a copy of which was reviewed by mint. “While our exposure to Fund II was 7.79% of committed …

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