Agance Auto

Dubai, United Arab Emirates Founded: 2019 • Age: 7 yrs Acquired By GTA Cars
Provider of a portal to compare and purchase new and used cars

About Agance Auto

Agance Auto is a company based in Dubai (United Arab Emirates) founded in 2019 was acquired by GTA Cars in May 2021.. Agance Auto operates in a competitive market with competitors including Al Tayer Motors, Gargash Motor, The Elite Cars, Kaseema and Swaidan Motors, among others.

  • Headquarter Dubai, United Arab Emirates
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    GTA Cars

    (May 16, 2021)

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Funding Insights of Agance Auto

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Agance Auto

Agance Auto has secured backing from 1 investor. Prominent investors backing the company include GTA Cars. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Specializes in buying, selling, and trading quality pre-owned cars in Dubai.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Agance Auto

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Agance Auto

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Agance Auto Comparisons

Employees
+
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Competitors of Agance Auto

Agance Auto operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Al Tayer Motors, Gargash Motor, The Elite Cars, Kaseema and Swaidan Motors, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Serves as a dealer specializing in new and used cars for consumers.
domain founded_year HQ Location
Delivers comprehensive services for buying and selling new and used vehicles.
domain founded_year HQ Location
A luxury car dealership specializing in new and pre-owned vehicles.
domain founded_year HQ Location
Car dealership services are provided by Kaseema in Dubai.
domain founded_year HQ Location
Retails certified pre-owned cars and offers services like warranties in Dubai.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Agance Auto

GTA Cars acquires Agance Auto
Tiresandparts4 years ago

Frequently Asked Questions about Agance Auto

When was Agance Auto founded?

Agance Auto was founded in 2019.

Where is Agance Auto located?

Agance Auto is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.

What does Agance Auto do?

Agance Auto was founded in 2019 in Dubai, United Arab Emirates. An online portal is operated within the automotive sector to facilitate comparisons and purchases of new and used vehicles. Services are provided for users seeking vehicle options, with features enabling side-by-side evaluations and transaction processing. Operations are centered in the UAE, targeting regional markets for automotive e-commerce. The domain aganceauto.com is utilized for access.

Who are the top competitors of Agance Auto?

Agance Auto's top competitors include Kaseema, Al Tayer Motors and Gargash Motor.

Who are Agance Auto's investors?

Agance Auto has 1 investor. Key investors include GTA Cars.

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