About MySyara
MySyara is a Transportation, Automotive & Logistics company based in United Arab Emirates founded in 2019 by Ashish N Patil, Chirenj Chandran, Anser Abdul Latheef, Abubakker Moallim, and Adil Mohamed. Car services and maintenance are booked through an app-based platform. It operates in the Transportation, Automotive & Logistics and Business Services sectors. MySyara has raised $1.05 million across 4 funding rounds from investors including Creative Zone, Orbit Startups and Steve Mayne. MySyara has completed 1 acquisition, including Skkyn. Its chief executive, as recorded, is Chirenj Chandran. Its website mysyara.com draws about 13 thousand monthly visits. Its Indian entity Mysyara Autocare Private Limited reported revenue of ₹43.4 Lakh. Its focus areas include Auto, Auto Retail & Aftersales, Repair & Maintenance and Repair Shops.
Company details
MySyara was founded in 2019 in the United Arab Emirates as a mobile application platform focused on automotive maintenance. Services such as exterior washing, interior cleaning, engine detailing, oil changes, brake replacements, and vehicle diagnostics are facilitated. Bookings are handled via Android and iOS apps, where users submit service selections, locations, payment information, and vehicle details. Operations center on streamlining access to professional car care in the region.
- Headquarters United Arab Emirates
- Founders Ashish N Patil, Chirenj Chandran, Anser Abdul Latheef, Abubakker Moallim, Adil Mohamed
- SectorsTransportation, Automotive & LogisticsBusiness Services
- Email••••••••
- Phone•••• ••••
- Website mysyara.com
- Social LinkedIn X Facebook
- Legal Name Mysyara Autocare Private Limited
- Date of Incorporation 13 Dec, 2019
- Jurisdiction Thiruvananthapuram, Kerala, India
- Indian entity revenue₹43.4 Lakh
FY 2024 · +4% YoY
- Indian entity net loss-₹27.8 Lakh
FY 2024 · -64% margin
- Indian entity EBITDA-₹18.2 Lakh
FY 2024 · -42% margin
- Total Equity Funding$1.05M (USD)
in 4 rounds
- InvestorsCreative Zone
& 7 more
- Investments & Acquisitions
Associated legal entities of MySyara
MySyara operates through Mysyara Autocare Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mysyara Autocare Private Limited CIN U50400KL2019PTC060748 | Active | 13 Dec 2019 | Thiruvananthapuram, Kerala | ₹0.4 Cr | 2 | View details |
Funding Insights of MySyara
MySyara has successfully raised a total of $1.05M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.05M
- Total Rounds 4
- First Round $650,000
(Feb 2021)
- Investors Count 8
All 4 funding rounds of MySyara with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2022 | Series A | – | Orbit Startups | – | |
| Aug 2021 | $400,000 | Seed | – | – | – |
| Feb 2021 | Seed | – | Creative Zone | – | |
| Feb 2021 | $650,000 | Seed | – | Steve Mayne, James Kevan | – |
8 investors in total: 2 institutional and 6 angel.
Investors in MySyara
MySyara has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Creative Zone, Orbit Startups and Steve Mayne.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are incubated across sectors without restrictions. | orbitstartups.com | Shanghai, China | ||
Business management consulting services are delivered in Dubai. | 2010 | creativezone.ae | Dubai, United Arab Emirates | |
SM Steve Mayne | Angel investor and advisor, focused on Indian startups and technology | unknown_7d846679ca8e46a78 | ||
JK James Kevan | Angel investor focusing on Indian startups, tech enthusiast | unknown_0c99fdadeadb4ee08 | ||
AB Arjun Balakrishnan | unknown_704897da4f1d44a4b | |||
JR Jaufre Rouanet | unknown_15610da9eca5415db | |||
MC Mashfique Chaudar | unknown_48787e0d3bac4147a | |||
JJ James Joy | unknown_30ada0a364a9431b8 |
Investor details for MySyara
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Board of directors of Mysyara Autocare Private Limited (MySyara)
Mysyara Autocare Private Limited is the primary company behind MySyara. The board of Mysyara Autocare Private Limited currently have 2 directors; the longest-serving is Mohamed Anser Abdul Latheef, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohamed Anser Abdul Latheef DIN 03341709 | Director | 13 Dec 2019 | 6 yrs 10 mo | Mysyara Autocare Private Limited |
| Naveed Abdul Sajid DIN 08391637 | Director | 13 Dec 2019 | 6 yrs 10 mo | Mysyara Autocare Private Limited |
People of MySyara
5 people are tracked at MySyara (5 in leadership).
| Name | Role | Group |
|---|---|---|
Ashish N Patil | Co-Founder & CTO | Leadership |
Chirenj Chandran | Co-Founder & CEO | Leadership |
| Co-Founder | Leadership | |
Abubakker Moallim | Co-Founder | Leadership |
Adil Mohamed | Co-Founder | Leadership |
Complete people profiles for MySyara
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Financials of MySyara
Figures of Mysyara Autocare Private Limited, the primary company behind MySyara, for FY 2024. Revenue was ₹43.4 Lakh (+4% year on year). Net loss was -₹27.8 Lakh (-64% margin). EBITDA was -₹18.2 Lakh (-42% margin). Revenue has grown at a compounded annual rate of +40% over three years.
- ₹43.4 LakhRevenue · FY 2024 · +4% YoY
- -₹27.8 LakhNet loss · -64% margin
- -₹18.2 LakhEBITDA · -42% margin
- ₹1 LakhPaid-up capital
- +40%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Mysyara Autocare Private Limited are on its company page.
Detailed financial statements for MySyara
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by MySyara
MySyara has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Skkyn.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Skkyn is recognized as a car wash service in Dubai. | skkyn.com | Dubai, United Arab Emirates | 2017 | Dec 2019 | $2.8M |
Complete acquisition details for MySyara
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Timeline of MySyara
4 dated milestones of MySyara across 3 years, from founding to its latest funding, stage changes and deals.
- Founded MySyara is founded.
- Acquisition Acquires Skkyn.
- Funding First funding round of $650K.
- Funding Latest funding round, Series A,.
Web traffic of MySyara
The website of MySyara (mysyara.com) receives about 13.4K visits a month.
- Monthly visits13.4K
▲ 32.3% vs previous month
Websites whose visitors overlap most with MySyara. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| google.com | 100% | 85.8B | #1 | View details | |
| linkedin.com | 86% | 1.9B | #18 | View details | |
| cobone.com | 53% | 527K | #86,962 | View details | |
| autopro.ae | 49% | 680.7K | #1,391,572 | View details | |
| 800carguru.ae | 47% | 7.5K | #2,985,172 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 15 similar websites and full traffic analytics for MySyara
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Related news about Mysyara
Complete news archive for MySyara
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Frequently Asked Questions about MySyara
MySyara was founded in 2019 and raised its 1st funding round 2 years after it was founded.
MySyara is headquartered in United Arab Emirates.
Chirenj Chandran is the CEO of MySyara, as recorded in our data. They have also founded this company.
MySyara is a funded company, having raised a total of $1.05M across 4 funding rounds to date. The company's 1st funding round was a Seed of $650K, raised on Feb 2021.
The primary company behind MySyara, Mysyara Autocare Private Limited, reported revenue of ₹43.4 Lakh for FY 2024, up 4% year on year.
MySyara was founded in 2019 in the United Arab Emirates as a mobile application platform focused on automotive maintenance. Services such as exterior washing, interior cleaning, engine detailing, oil changes, brake replacements, and vehicle diagnostics are facilitated. Bookings are handled via Android and iOS apps, where users submit service selections, locations, payment information, and vehicle details. Operations center on streamlining access to professional car care in the region.
MySyara has made 1 acquisition, including Skkyn.
MySyara has 8 investors. Key investors include Creative Zone, Orbit Startups, Steve Mayne, James Kevan, and Arjun Balakrishnan.
MySyara operates through Mysyara Autocare Private Limited.
The legal entities of MySyara currently have 2 directors, including Mohamed Anser Abdul Latheef, Naveed Abdul Sajid.