Dubai's Service My Car to Expand into GCC After $10 Million Seed Round
Hailed in UAE for the convenience it provides for an altogether inconvenient need, the tech-enabled car-servicing startup now has its eyes set on GCC markets.
Dubai-based car-servicing startup, My Car, has announced that it has closed a seed funding round of $10 million. Led by Oman's Bahwan, the investment will allow the tech-enabled platform to move forward with ambitious plans to expand across the GCC.
Launched in 2018 by Ozair Puda, My Car allows customers to book services online. From there, the car is collected, serviced, then returned at the customer's convenience. The platform also provides updates on the progress of any given repair services.
"As the automotive repair industry continues to grow in the face of extended supply and tight competition, Service My Car is at the forefront of digital growth,” a statement from Bahwan read. “Most innovation has been focused on garage-level process improvements, but until now, businesses have not focused on end-user convenience and affordability. Service My Car has shown exceptional results since inception with a growth rate of 200% during its first year and 300% this past year. They have the team, talent, and technology to not only succeed but to emerge as the leader in the online car servicing ecosystem."
Learn more about Service My Car here.