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

  • 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.

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