Gurugram-based B2B auto spare parts marketplace Amicco has raised $1 million in seed funding, led by Eximius Ventures, with participation from FJ Labs and other strategic investors.
The funds will be used to expand Amicco’s garage network, enhance its technology, and strengthen go-to-market efforts. Currently operational in Gurugram, the company plans to scale to other Indian cities in the coming months.
Founded in 2024 by Vivek Aalok, Amicco is on a mission to simplify spare parts procurement for independent garages by offering better pricing, faster delivery, and improved service through its tech-driven platform.
Also Read : AI Dashcam Startup Cautio Raises INR 11 Cr in Seed Funding
A former Wall Street professional and ex-Spinny team member, Vivek launched Amicco after witnessing the inefficiencies and fragmentation in India’s aftermarket auto space.
The platform is designed to reduce vehicle downtime, improve customer service, and bring much-needed transparency to the ecosystem.
“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,” said Vivek Aalok.
Amicco marks one of the first investments from Eximius Fund 2. The pre-seed focused venture fund, Eximius Ventures, primarily invests in sectors like FinTech, SaaS, HealthTech, and Online Media, with a portfolio that includes startups such as Jar, STAN, and Eka.care.
