Garaaz, an emerging digital aggregator in India’s automotive spare parts sector, has raised ₹4.55 crore in a seed funding round led by GVFL (Gujarat Venture Finance Limited). The fresh capital will be used to scale operations across new states, strengthen local distribution and on-ground partnerships, and invest heavily in technology, R&D, and strategic hiring across sales, marketing, and operations.
Founded in 2019 by Shaleen Agarwal, Garaaz aims to transform India’s highly fragmented automotive aftermarket into a trust-driven, tech-enabled ecosystem. The platform connects multi-brand garages, distributors, OEMs, and manufacturers through a comprehensive digital hub featuring over 8 million spare parts across 25 leading car brands.
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,” said Shaleen Agarwal, CEO & Founder of Garaaz.
With plans to streamline procurement, enhance last-mile delivery, and introduce AI/ML for automation and decision-making, the company is setting out to become India’s most trusted online platform for spare parts. The funding will also be used to develop robust backend infrastructure, ensure data security and legal compliance, and bring thousands of unorganized workshops under its digital umbrella.
Mihir Joshi, Managing Director, GVFL, said, “The auto spare parts ecosystem in India is deeply fragmented, resulting in inefficiencies and trust issues. Garaaz is solving this by seamlessly connecting brands, distributors, and workshops while bringing structure and standardization to a complex market.
Garaaz has shown impressive traction—tripling its growth in the last two years and doubling its FY24-25 sales compared to FY23-24. The platform offers an integrated suite of tools such as parts discovery, inventory management, order processing, scheme management, and workshop tools, empowering stakeholders across the value chain.
With India’s automotive aftermarket projected to grow from $10 billion in 2023 to $14 billion by 2028, Garaaz is well-positioned to digitize and organize this massive, under-served sector, unlocking significant value for garages, suppliers, and end consumers alike.
