Amicco, a vertical marketplace empowering independent garages, has successfully raised $1 million in seed funding to modernise and streamline India’s automotive aftermarket. The round was led by Eximius Ventures, with participation from other investors including FJ Labs. This funding will enable Amicco to scale its network of partner garages, refine its procurement platform, and enhance its go-to-market strategy—all with the aim of eliminating the sourcing challenges faced by independent garages. Founded in 2024 by Vivek Aalok, a seasoned operator with deep automotive industry experience, Amicco is on a mission to fix the persistent inefficiencies in spare parts procurement. Vivek previously worked at J.P. Morgan on Wall Street, where he was involved in major deals such as the General Motors IPO. Later, he played a pivotal role in the early growth of Spinny, serving as Head of Business and helping the brand scale nationally. Drawing from this experience, Vivek launched Amicco to bring greater transparency, efficiency, and reliability to the spare parts supply chain. Addressing the persistent inefficiencies in spare parts sourcing is a clear market need, said Vivek Aalok, Founder, Amicco. We understand that the problem statement is quite complex and believe that technology can offer a transformative solution for the on-demand nature of the business. We are excited and humbled by the support of Eximius Ventures and our angel and institutional investors. Preeti and the Eximius team demonstrated exceptional insight and a remarkably swift understanding of our market opportunity.” Preeti N Sampat, Partner at Eximius Ventures, added, Amicco’s platform addresses a core gap in the automotive aftermarket by simplifying how garages source spare parts. Vivek’s operational track record and his deep understanding of the industry’s nuances give him a clear edge. We believe Amicco will reshape a multi-billion dollar market by consolidating fragmented supply and demand. We’re proud to count them among the first investments from Eximius Fund 2 and look forward to supporting their journey in transforming this sector. Amicco’s technology is designed to empower independent garages—often hindered by fragmented supply chains, erratic pricing, and poor visibility—by reducing downtime and improving customer satisfaction. The platform has already gained traction in Gurgaon. With this fresh capital infusion, the company plans to strengthen its technological backbone, build a high-performing team, and expand its offering across Gurgaon and other key urban centres. About Amicco Amicco is a vertical B2B marketplace that makes spare parts sourcing transparent and seamless for garages through its pioneering procurement platform. Founded in 2024 by Vivek Aalok, the company leverages cutting-edge digital infrastructure to unify fragmented supply, enhance turnaround times, and offer transparent pricing. Initially focused on NCR, Amicco is quickly scaling to serve garages across India.