Automobile spare parts aggregator Garaaz has raised Rs 4.55 crore in a seed funding round led by GVFL.
Garaaz plans to utilize the funds to scale operations, strengthen local distribution, partnerships, invest in R&D, hire key talent, and set up customer support infrastructure.
The startup, founded in 2019, connects workshops to distributors of automobile spare parts through its SaaS-based platform, aiming to streamline the supply chain.
Garaaz aims to enhance its technology, implement AI and ML solutions for automation and efficiency, improve customer experience, and address challenges in the fragmented automotive aftermarket sector.