The Venture Codex Logo

The Venture Codex

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
Visit website

Recent funding

  1. Equity

    Oct 2021

    $2M

Team