Bosch acquires 26% in B2B e-commerce firm Autozilla Solutions

MNC firm Bosch has acquired a minority 26% stake in Hyderabad-based B2B e-commerce auto spares, garage equipment and accessories Autozilla Solutions. Autozilla specialises in the development of electronic parts catalogues for spare parts. Making procurement of spare parts simple, hassle-free and digitally enabled is a key area of focus for the company. The acquisition of a minority stake, which allows Bosch to participate in a digital B2B-marketplace for the independent aftermarket (IAM) in the domestic market, will help it in easing auto spares procurement.