About SparesHub
SparesHub is a company based in Pune (India) founded in 2013 by Arijit Chakraborty. SparesHub has raised $2.81 million across 9 funding rounds from investors including Vistra ITCL, Primarc and Lumis Partners. The company has 60 employees as of April 08, 2024. SparesHub offers products and services including Lubricants, Filters, Brakes, Clutch Sets, and Shock Absorbers. SparesHub operates in a competitive market with competitors including TyrePlex, Koovers, Garaaz, Autoverse and Autozilla, among others.
- Headquarter Pune, India
- Employees 60 as on 08 Apr, 2024
- Founders Arijit Chakraborty
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsRetail
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Email
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Phone
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Website
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Social
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- Legal Name Iradium Automobiles Private Limited
- Date of Incorporation 10 Sep, 2013
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$428.66 K (USD)-24.4as on Mar 31, 2023
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Net Profit
-$259.4 K (USD)-15.43as on Mar 31, 2023
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EBITDA
-$238.54 K (USD)-27.12as on Mar 31, 2023
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Total Equity Funding
$2.81 M (USD)
in 9 rounds
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Latest Funding Round
$145.87 K (USD), Series A
May 16, 2023
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Investors
Vistra ITCL
& 100 more
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Employee Count
60
as on Apr 08, 2024
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Products & Services of SparesHub
SparesHub offers a comprehensive portfolio of products and services, including Lubricants, Filters, Brakes, Clutch Sets, and Shock Absorbers.
Range of engine oils and lubricants for vehicle maintenance
Air, oil, and fuel filters for automotive systems
Brake pads, discs, and components for vehicle safety
Clutch assemblies and bearings for engine systems
Shock absorbers for improved ride quality
Lights and electrical parts for cars
People of SparesHub
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Funding Insights of SparesHub
SparesHub has successfully raised a total of $2.81M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $145.87 thousand completed in May 2023. 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.
Investors in SparesHub
SparesHub has secured backing from 101 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Vistra ITCL, Primarc and Lumis Partners.
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Investment in alternative assets, businesses, and funds in India.
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Multiple sectors including logistics and green tech are invested in.
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Investment firm focusing on early stage, venture capital, and equities investments.
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Investor details for SparesHub
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by SparesHub
Investment portfolio details for SparesHub
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Financial Statements - SparesHub
Detailed financials for SparesHub
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Spareshub Comparisons
Peer comparison for SparesHub
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Competitors of SparesHub
SparesHub 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 TyrePlex, Koovers, Garaaz, Autoverse and Autozilla, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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B2B marketplace for tyre dealers
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App-based platform offering car spare parts and accessories
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Omni channel marketplace and SaaS platform that facilitates the distribution of automobile spare parts
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Digital auto parts are distributed to garages and vendors.
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Online B2B marketplace to buy & sell auto parts
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Detailed competitors of SparesHub
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Latest news on Spareshub
Complete news archive for SparesHub
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Frequently Asked Questions about SparesHub
SparesHub was founded in 2013 and raised its 1st funding round 2 years after it was founded.
SparesHub is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
SparesHub is a funded company, having raised a total of $2.81M across 9 funding rounds to date.
As of Apr 08, 2024, the latest employee count at SparesHub is 60.
Annual revenue of SparesHub is $428.66K as on Mar 31, 2023.
SparesHub was established in 2013 in Pune, India, as an e-distributor platform in the automotive sector. Auto parts and accessories are listed for buyers to search by manufacturer, brand, or part type. Operations are centered on facilitating online transactions between suppliers and customers within the Indian market, with a focus on streamlined discovery and procurement processes.
SparesHub offers Lubricants, Filters, Brakes, Clutch Sets, and 2 more products and services.
SparesHub has 101 investors. Key investors include Vistra ITCL, Primarc, Lumis Partners, The Chennai Angels, and Mani's Dum Biryani.
The valuation of SparesHub is $5.12M as of May 2023.