Garaaz Secures Rs 4.55 Crore Seed Funding to Expand Automotive Spare Parts Network Automotive spare parts aggregator Garaaz has successfully raised Rs 4.55 crore in a seed funding
Automotive spare parts aggregator Garaaz has successfully raised Rs 4.55 crore in a seed funding round led by GVFL. This fresh capital injection will help the startup accelerate its growth plans, expand into new states, and strengthen its presence across India’s vast automotive aftermarket.
Founded in 2019 by Shaleen Agarwal (CEO), Sahil Rally (CTO), and Varun Agarwal (COO), Garaaz is a technology-driven startup focused on simplifying the distribution of automobile spare parts. Using a SaaS-based platform, Garaaz connects local workshops directly with genuine parts distributors.
By bridging this gap, Garaaz helps workshops source a wide range of authentic automotive components more efficiently and cost-effectively, making the supply chain more transparent and organized.
The Rs 4.55 crore raised in the seed round will be strategically deployed to:
This comprehensive approach will help Garaaz expand its footprint and improve service quality in the fast-growing auto spare parts market.
The Indian automotive aftermarket is highly fragmented, with many small, unorganized workshops struggling to source genuine spare parts. Garaaz’s platform addresses this challenge by offering a seamless, tech-enabled solution that benefits distributors, workshops, and ultimately, vehicle owners.
By formalizing this ecosystem, Garaaz aims to improve product quality, reduce counterfeit parts, and make sourcing easier and more reliable.
Shaleen Agarwal, CEO & Founder, commented, “Our goal is to revolutionize the automotive spare parts supply chain by empowering workshops with technology and access to genuine parts. This funding will accelerate our expansion and help us build a stronger, more reliable distribution network.”
With this new capital and a clear roadmap, Garaaz is set to:
Garaaz’s recent funding round marks an exciting milestone for the startup and the Indian automotive spare parts market. By leveraging technology and building strategic partnerships, Garaaz is poised to transform the way spare parts are sourced and distributed, benefiting workshops and vehicle owners alike.
As the company scales up, it will be interesting to watch how it shapes the future of the automotive aftermarket in India.
