Koovers
Armatic Building, 3rd Floor, Park Inc, No 8, 27th Cross Rd, Banashankari Stage II, Bengaluru, Karnataka, 560070, India
Overview
Koovers is a B2B automobile spare-parts startup that disrupts the automotive aftermarket by leveraging technology, procurement contracts with OEM/OES, and a point-of-consumption focus. Founded in 2016 and headquartered in Delhi, the company currently focuses on the passenger car segment while planning to expand into commercial vehicles and two-wheelers. Koovers operates a B2B ecommerce platform and claims a network of over 5,000 workshops. Despite the COVID-19 lockdown, it has recorded 100% annual growth and reports $4.5 million ARR. The startup aims to expand its product portfolio, enter more geographies across India, and upgrade its technology platform to support growth and high fill rates.
- Total raised
- $2M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Oct 2021
Industries
- Autonomous Vehicles
- E-Commerce
- Professional Services
Recent funding
Equity
Oct 2021
$2M