Amicco raises $1 million to digitise garage spare parts sourcing

10 Apr 2025 CW Team

Amicco, a vertical marketplace streamlining spare parts sourcing for independent garages, has raised $1 million in seed funding led by Eximius Ventures. The round also saw participation from FJ Labs and other investors.

Founded in 2024 by Vivek Aalok, Amicco aims to solve sourcing inefficiencies in India’s automotive aftermarket by offering a tech-driven, on-demand procurement platform. The fresh capital will be used to scale the garage network, enhance tech infrastructure, and expand into key cities beyond its initial Gurgaon base.

"Addressing the persistent inefficiencies in spare parts sourcing is a clear market need," explained 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.”

"Amicco’s platform addresses a core gap in the automotive aftermarket by simplifying how garages source spare parts," said Preeti N Sampat, Partner at Eximius Ventures. "Vivek’s operational track record on-ground and his deep understanding of the industry’s nuances gives 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 platform enables garages to overcome challenges like fragmented supply chains, erratic pricing, and inventory delays, ultimately reducing customer downtime and enhancing satisfaction.

Infrastructure Urban

09 Jan 2026

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..

Sources Unlimited Introduces Vitamine Pendant Lamp by Melogranoblu

Sources Unlimited has launched the Vitamine Pendant Lamp by Melogranoblu in India, expanding its portfolio of curated international luxury lighting solutions. Designed and crafted in Italy, the Vitamine pendant reflects contemporary glass artistry, combining hand-blown craftsmanship with refined aesthetics and atmospheric illumination.The Vitamine Pendant Lamp is sculpted in hand-blown glass and is available in frosted, silver and black metallised finishes. Each finish offers a distinct visual identity while maintaining a cohesive and sophisticated design language. The lamp’s softly contoure..