· BuyAnyAutoPart, a UAE-based B2B used car parts aggregator, raised USD 750,000 in pre-seed funding from investors like Galadari Brothers and 6G Capital.
· The funds will support BuyAnyAutoPart’s growth, focusing on executing contracts with major UAE multi-brand workshops.
· The platform aims to become the largest used car parts supplier in the UAE and expand exports to the GCC, Middle East, Central Asia, and Europe.
BuyAnyAutoPart, a UAE-based B2B aggregator disrupting the used car parts market, has secured USD 750,000 in pre-seed funding.
The company, focused on sourcing used car parts for multi-brand workshops in the region, attracted key investors. The participating investors are including Galadari Brothers (exclusive Mazda dealer in the UAE) and 6G Capital, the family office of the Allana Group.
“As a global family office focused on forward-thinking investments, we prioritize companies with innovative solutions and strong growth potential, like BuyAnyAutoPart,” said Adil Allana, of 6G Capital.
BuyAnyAutoPart Market Growth
With these funds, BuyAnyAutoPart plans to finalize contracts with some of the UAE’s largest multi-brand and workshops. It will expand to serve small and medium-sized garages across the country.
Additionally, the UAE’s automotive aftermarket is to grow at a 4.20% CAGR from 2024 to 2032. This is due to the increased vehicle ownership, e-commerce growth, and higher demand for spare parts and accessories.
Regional Impact and Strategic Vision
So, the platform aims to become the largest supplier of used car parts in the UAE. The market in the UAE exports to the GCC, Middle East, Central Asia, Russia, and parts of Europe.
“The sheer scale of the regional used car part market, combined with BuyAnyAutoPart’s innovative solution to sourcing parts for non-dealership insurance accident repairs, made them an ideal early investment for us,” said Mohammed Galadari, Co-Chairman of Galadari Brothers.
BuyAnyAutoPart Future Prospects
Furthermore, BuyAnyAutoPart has completed pilot projects with major UAE automotive players. The key players include AW Rostamani, DYNATRADE, Al Ghurair Cars, and Galadari Automobiles.
“Our immediate goal is to become the biggest supplier of used car parts in the country. Given that the UAE is a global trade hub for these parts. We are well-positioned to become the largest used car part supplier in the world,” said Zarir Saifuddin, CEO of BuyAnyAutoPart.
The company was also selected for the Dubai Government’s Sandbox Accelerator Programme.
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