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

Garaaz, an automobile spare parts aggregator has raised Rs 4.55 crore in a seed funding round led by GVFL. The startup plans to use the raised funds to scale operations in other states, strengthen local distribution, partnerships, and on-ground teams, invest in technological innovation (R&D) and hire key talent across technology, sales, marketing, and operations.

It also plans to set up scalable customer support infrastructure and bring the unorganised workshops under its umbrella.

Founded in 2019 by Shaleen Agarwal (CEO & Founder), Sahil Rally (CTO), and Varun Agarwal (COO), Garaaz operates as a SaaS-based solution facilitating the distribution of automotive spare parts. The startup connects workshops to distributors of automobile spare parts, enabling sourcing and supply chain management. Its online platform provides a solution for distributors and workshops to purchase a wide range of car parts from genuine parts distributors.

Garaaz’s expansion plans include technology development to enhance product and platform features, building robust backend systems, and developing data infrastructure. The startup plans to invest in AI and ML to automate processes and support data-driven decision-making, aiming to improve customer experience. It also seeks to streamline procurement and logistics to improve unit economics, implement tools for last-mile delivery efficiency, and strengthen data security and legal compliance.

“At Garaaz, we’re not just delivering spare parts — we’re powering the heart of India’s workshop economy. Every order, every delivery, every connection is backed by a tech backbone that scales trust, transparency, and efficiency across the aftermarket. Our mission is simple: make spare parts accessible, intelligent, and instant — with technology so seamless, it feels invisible,” said Shaleen Agarwal.

Garaaz claims to have doubled its sales in FY 24-25 vis-a-vis FY 23-24 and has grown 3X in the last 2 years.

Mihir Joshi, Managing Director, GVFL, said, “India has come a long way in terms of online markets. Today, we can buy EV motorcycles on E-commerce platforms. However, the spare parts ecosystem for the auto industry is highly fragmented, with thousands of small distributors, middlemen, and local suppliers leading to inefficiencies and a lack of standardization, making it highly unreliable. Garaaz is addressing the issue by connecting key stakeholders—brands, distributors/retailers, and workshops—while fostering trust and transparency in a traditionally unorganized and complex market.”

According to reports, the Indian automotive aftermarket sector is projected to go up to $14 billion by 2028 from $10 billion in 2023.