Gurugram-based startup Amicco, a B2B marketplace for auto spare parts, has raised $1 million in seed funding led by Eximius Ventures, with participation from global investor FJ Labs and others.
Founded in 2024 by Vivek Aalok, Amicco is on a mission to streamline the fragmented auto aftermarket by helping independent garages access spare parts with greater ease, competitive pricing, and faster delivery. The fresh capital will be used to expand Amicco’s garage network, upgrade its technology platform, and strengthen its go-to-market strategy.
Vivek brings a unique blend of experience from Wall Street and the Indian auto-tech space, having previously worked at Spinny. His decision to launch Amicco stemmed from witnessing inefficiencies plaguing the auto aftermarket—ranging from inconsistent supply to lack of transparency and prolonged service downtime.
Currently operational in Gurugram, Amicco has built a tech-first platform that aims to reduce repair turnaround time, enhance customer satisfaction, and bring much-needed visibility to parts procurement. The company is now eyeing rapid expansion across other Indian cities.
“We’re solving real problems for garages that have long operated in a supply chain black hole,” said Vivek. “With this funding, we aim to accelerate our vision of creating a more efficient and reliable auto parts ecosystem.”
Eximius Ventures, known for its early-stage bets on startups like Jar, STAN, Skydo, and Eka.care, sees Amicco as a timely solution for the growing demands of India’s mobility sector. The investment aligns with their focus on scalable tech-enabled businesses solving foundational challenges.
As the automotive industry continues to grow, Amicco’s model could emerge as a key enabler for independent garages—bridging the gap between parts manufacturers and the last-mile repair networks that keep India on the road.
