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Automotive spare parts aggregator Garaaz raises Rs 4.55 Cr in seed round

EntrackrEntrackr · 2m ago
Automotive spare parts aggregator Garaaz raises Rs 4.55 Cr in seed round
Medial

Snippets Automotive spare parts aggregator Garaaz raises Rs 4.55 Cr in seed round Automotive spare parts aggregator Garaaz has raised Rs 4.55 crore (around $530K) in its seed round from GVFL. The Jaipur-based startup plans to expand across states, improve R&D and tech infrastructure, and build a scalable support and logistics network. Founded in 2019 by Shaleen Agarwal, the SaaS-enabled platform connects workshops with spare parts suppliers, offering over 8 million parts across 25 car brands. Its tech-led platform allows easy access to inventory lookups, order management, workshop tracking, and analytics, thereby solving pain points around product availability, pricing opacity, and delivery delays in the aftermarket space. The firm generates revenue through a combination of SaaS subscriptions, margins on transactions, and value-added logistics and data services. Garaaz claims to have seen 3X growth in the past two years, with sales doubling in FY24–25 over the previous year. Garaaz competes with several Indian startups operating in the auto aftermarket and B2B spare parts space. The list includes boodmo, SpareIt, Koovers, and Automovill. Disclaimer: Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investors here.

Healthcare-focused fintech startup SaveIN raises Rs 37 Cr

EntrackrEntrackr · 4m ago
Healthcare-focused fintech startup SaveIN raises Rs 37 Cr
Medial

Healthcare-focused fintech startup SaveIN has secured Rs 37 crore ($4.3 million) in its latest funding round co-led by its existing global investors including 10X Founders, Oliver Jung, and Leblon Capital along with fresh participation from Stem AI. This follows a Rs 64 crore ($7.5 million) seed round, bringing the Y-Combinator-backed startup’s total funding to over Rs 100 crore ($12 million). The proceeds will be utilized to scale its no-cost EMI offerings, deepen its healthcare network, and accelerate product development and impact of welUp, SaveIN said in a press release. Founded in 2022 by Jitin Bhasin, SaveIN focuses on improving access to outpatient healthcare and has developed a network of over 7,000 healthcare and wellness centres across India. The company provides a no-cost EMI payment option for a range of healthcare services, including dental, dermatology, fertility, haircare, hearing, fitness, Ayurveda, and homeopathy. The Gurugram-based company says that its QR code-based checkout system, in collaboration with financial institutions such as HDFC Bank, ICICI Bank, and IDFC First Bank, aims to make healthcare payments more manageable and timely for users. SaveIn recently introduced welUp, a B2B modern wellness platform aimed at helping organizations offer employee wellness benefits. The platform includes services such as on-demand doctor consultations, mental wellness programs, AI-assisted diet planning, diagnostic check-ups, and holistic therapies. Over the past three years, SaveIN claims to have processed more than 5 lakh customer applications and reported a 250% increase in revenue for FY 2025, supported by stable unit economics.

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