Automotive spare parts aggregator Garaaz raises Rs 4.55 crore in led by GVFL

Here’s the summarized information based on the provided content about Garaaz:

Startup Information:

  • Startup Name: Garaaz
  • Founded: 2019
  • Founders:
    • Shaleen Agarwal (CEO & Founder)
    • Sahil Rally (CTO)
    • Varun Agarwal (COO)
  • Sector: Automobile spare parts aggregation (SaaS-based solution)

Fundraising Details:

  • Funding Amount: Rs 4.55 crore
  • Funding Series: Seed
  • Lead Investor: GVFL
  • Date of Fundraise: Not specified in the document

Future Plans:

  • Expand operations in other states
  • Strengthen local distribution and partnerships
  • Invest in technological innovation (R&D)
  • Hire key talent across various departments
  • Set up a scalable customer support infrastructure
  • Bring unorganised workshops under its umbrella

Market Insight:

  • The Indian automotive aftermarket sector is projected to grow from $10 billion in 2023 to $14 billion by 2028.

Let me know if you need more details or any specific information!

Source link

2025-07-01 06:07:05