PE-VC Fund Investments
Automotive spare parts marketplace Garaaz raises Rs.4.55 Cr
Jaipur-based Garaaz has raised INR 4.55 crore in a seed funding round led by GVFL.The fresh funding will be used to expand operations across new states, strengthen local distribution and partnerships, invest in research and development, and build support infrastructure. The firm also plans to improve procurement and logistics systems, and ensure compliance and data security.Founded in 2019 by Shaleen Agarwal, Garaaz operates a SaaS-based aggregator platform aimed at connecting distributors and unorganised workshops. It claims to offer part identification, availability, and delivery across a catalogue of over 8 million parts from 25 car brands.
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