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Monday, December 23, 2024
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BuyAnyAutoPart celebrates large injection of funding

BuyAnyAutoPart, a UAE-based B2B used car part aggregator, has raised USD 750,000 in pre-seed funding, positioning itself to disrupt the region’s multi-billion-dollar used car part market.

The innovative company specialises in streamlining the search and supply of used car parts for multi-brand workshops across the UAE. Prominent backers of this funding round include Galadari Brothers, the exclusive dealer for Mazda in the UAE, and 6G Capital, the family office of the Allana Group, alongside other strategic investors.

“As a global family office focused on forward-thinking investments, we prioritise companies with innovative solutions and strong growth potential, like BuyAnyAutoPart,” said Adil Allana of 6G Capital.

Transforming the Used Car Part Industry

The secured funds will enable BuyAnyAutoPart to fulfil contracts with some of the UAE’s largest multi-brand workshops while preparing for an ambitious expansion to serve thousands of small and medium-sized garages nationwide. With the UAE acting as a global trade hub, the company’s ultimate aim is to become the largest supplier of used car parts in the country—and eventually, the world.

“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.

Backed by Industry Leaders

BuyAnyAutoPart has already executed successful pilot projects with major UAE automotive enterprises, including:

  • AW Rostamani
  • DYNATRADE
  • Al Ghurair Cars
  • Emirates Transport
  • Dubai Government Workshop
  • Mohamed Hareb Al Otaiba Group
  • Galadari Automobiles

“Our immediate goal is to become the biggest supplier of used car parts in the country,” said Zarir Saifuddin, CEO of BuyAnyAutoPart. “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.”

A Vision Backed by Innovation

BuyAnyAutoPart’s strategic approach has garnered recognition within the industry. Earlier this year, the company was shortlisted for the Dubai Government-backed Sandbox Accelerator Program, an initiative by Oresaya Capital to support pre-seed and seed-stage technology entrepreneurs.

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Stephen Whitehttps://truckandfleetme.com/
Stephen White was formerly editor of Big Project ME.
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