Autozilla Secures Bosch As An Equity Partner
2 years ago Rituka MTelangana-based Autozilla grants 26% equity stake to Bosch. This engagement will integrate Autozilla’s eCommerce platform with Bosch’s digital platforms.
Bosch Joins The Team
Global service provider, Bosch acquires 26% equity stake in the Telangana-based Autozilla. Through this, Bosch aims to integrate Autozilla’s eCommerce platform with its digital platforms. This will enable Bosch to streamline and expand their digital B2B marketplace for independent aftermarket (IAM) services in India. Moreover, this integration will improve the quality of catalogue search and streamline the ordering of spare parts from workshops to distributors. Additionally, Bosch can address availability of spares with shorter lead times.
Speaking on the investment, Vijay Gummadi, Founder, Autozilla says, “At Autozilla, we’re Happy to be shaping the auto aftermarket together with Bosch, and advance our vision to offer a customer focussed, tech first, open platform to ease auto spares procurement in India.”
Soumitra Bhattacharya, Managing Director, Bosch Limited & President, Bosch Group says, “Bosch is actively shaping the change of the online markets in India. We assume that there will be stable growth in the B2B sector. We are collaborating with the Indian B2B E-Marketplace Autozilla and intend to develop this market potential together.”
Expressing gratitude, Vijay noted, “With access to funds and a coveted partner, it’s what we do with the prerogative that will define us and our impact on the auto industry. While we empower Repairers with the right spares and enable Sellers to thrive, our ultimate goal is to positively impact the car owner. I am grateful to my team, customers, investors and the ecosystem for enabling us to get to this milestone.”
Autozilla Disrupts The Auto Industry
The Auto Industry is dynamic and evolving constantly, and to cater to these needs, innovations have to be brought about. Autozilla was founded by Vijay Gummadi in 2016. Envisioning Autozilla as a transparent marketplace to connect sellers and buyers of auto parts, Vijay entered this cut-throat market. Auttozilla aims to provide a simple yet unique solution to Manufacturers, Sellers, and Buyers regarding auto spare parts. Telangana-based Autozilla is a B2B eCommerce marketplace platform for auto spares, consumables, tools, garage equipment and accessories.
The Autozilla platform uses artificial intelligence (AI) and data analytics to enable efficient spares discovery, establish availability and pricing. Subsequently, it enables matching of independent garages with sellers to ensure timely procurement of the right part at the right price.
Simplifying the process of auto part discovery and purchase, Autozilla enables sellers to build a national network and expand sales. Finding the perfect auto part is essential for the buyer, and they ensure every purchase is perfect for your need. Autozilla intends to eliminate supply chain bottlenecks, inventory shortage, opaque pricing and frenzied customers. Hence, by digitizing the highly fragmented auto service providers, they have revolutionized the auto industry.
