When was Koovers founded?

Koovers was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is Koovers located?

Koovers is headquartered in Bengaluru, India. It is registered at #08 Industrial Layout, 27th Cross, B Sk II Stage, Bangalore, Bangalore South, Karnataka, India, 560070.

Which legal entities is Koovers associated with?

Koovers is associated with KRSV INNOVATIVE AUTO SOLUTIONS PRIVATE LIMITED.

How many employees does Koovers have?

As of Aug 31, 2025, Koovers has 508 employees, reflecting a 43% year-over-year growth in headcount.

Is Koovers a funded company?

Koovers is a funded company, having raised a total of $3.5M across 6 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on May 28, 2016.

How much is Koovers worth?

The last known valuation of Koovers was $***** as of Aug 28, 2023.

When was the latest funding round of Koovers?

Koovers' latest funding was a $***** Seed round on May 17, 2022, with participation from 10 investors. Its primary sector is Auto Retail & Aftersales. In India, the Auto Retail & Aftersales sector has seen $60.8M in funding in 2026 to date.

What is the annual revenue of Koovers?

Annual revenue of Koovers is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Koovers rank among its competitors?

Koovers ranks 3rd amongst 27 active competitors, of which 6 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Autoverse, which secured $430K in Apr, 2026.

Who are the top competitors of Koovers?

Koovers' top competitors include Boodmo, Autoverse and SparesHub. Among them, Autoverse secured the most recent funding round in April, 2026.

Koovers - 2026 Company Profile, Team, Funding, Competitors & Financials

Koovers is an acquired company based in Bengaluru (India), founded in 2015 by Vinayak YB. It operates as an App-based platform offering car spare parts and accessories. Koovers has raised $3.5M in funding from investors like Astarc Ventures, Z Nation Lab and Canbank Venture Capital Fund, with last known valuation of $*****. The company has 27 active competitors, including 6 funded and 1 that has exited. Its top competitors include companies like Boodmo, Autoverse and SparesHub.

Company Details

App-based platform offering car spare parts and accessories. The platform allows users to buy different car spare parts of multiple OEM brands. It also provides a workshop management tool that enables garage owners to easily manage their daily operations, tasks, spare parts order, and reporting. The mobile app is available for Android users.

Website: koovers.in
Social
Phone Number: +91 **********
Registered Address: #08 Industrial Layout, 27th Cross, B Sk II Stage, Bangalore, Bangalore South, Karnataka, India, 560070

Key Metrics

Founded Year

2015

Location

Bengaluru, India

Stage

Acquired

Total Funding

$3.5M in 6 rounds

Latest Funding Round

Seed, May 17, 2022, $*****

Last Known Valuation

$***** as on Aug 28, 2023

Investors

Astarc Ventures & 112 more

Ranked

3^rd among 27 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

508 as on Aug 31, 2025

Similar Companies

Autoverse & 209 more

Exit Details

Acquired by Schaeffler (Aug 28, 2023)

View Koovers' full profile

Koovers is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
KRSV INNOVATIVE AUTO SOLUTIONS PRIVATE LIMITED CIN: U50401KA2015PTC083596 , India, Active	Oct 21, 2015	₹100 - ₹500 Cr (As on Mar 31, 2025)	553 (As on May 01, 2026)

Koovers got acquired by Schaeffler on Aug 28, 2023.

Click here to take a look at Koovers's acquisition in detail

Koovers has raised a total funding of $3.5M over 6 rounds. Its first funding round was on May 28, 2016. Its latest funding round was a Seed round on May 17, 2022 for $*****. 10 investors participated in its latest round. Koovers has 21 institutional investors and 92 angel investors.

Here is the list of recent funding rounds of Koovers:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 17, 2022	1293645	Seed	2662150	9980561	8786615	6582457
Feb 11, 2022	9653651	Seed	7847219	1945199	8108982	Hemant Gupta & 4 more
Aug 28, 2021	9685181	Seed	7932543	4134366	Inflection Point Ventures & 3 more	Venture Catalysts & 77 more

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View details of Koovers's funding rounds and investors

The founders of Koovers is Vinayak YB.

Here are the details of Koovers' key team members:

Vinayak YB: Co-Founder of Koovers. They serve on the board of 1 company.

Koovers' Board of Directors

Koovers's board has 5 active members. Sandeep Begur and Vinayak YB are part of team and Kadam Harsha Gopal, Satish Chunibhai Patel and Sathianarayanan Premkumar are independent board members.

Here is the list of Koovers' board of directors:

Name	Type	Representing	Status	Duration
Sandeep Begur	Team	-	Current	10y 10m
Vinayak YB	Team	-	Current	10y 10m
zrfwecw	Team	-	Past	4y 8m
iniynuz	Team	-	Past	4y 1m
Kadam Harsha Gopal	Independent board member	-	Current	3y 0m
r{aruin	Independent board member	-	Current	4y 3m
hyghrql	Independent board member	-	Current	1y 5m

View details of Koovers's Founder profiles and Board Members

Koovers' employee count trend

Koovers has 508 employees as of Aug 25. The total employee count is 42.0% more than what it was in Aug 24. Here is Koovers's employee count trend over the years:

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Top competitors of Koovers include Boodmo, Autoverse and SparesHub. Here is the list of Top 10 competitors of Koovers, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Boodmo 2015, Gurugram (India), Series A	App-based marketplace for automobile spare parts	$12.5M	Chernovetskyi Investment Group	61/100
2nd	Autoverse 2023, Bengaluru (India), Seed	Provider of digital auto parts distributor	$4.46M	Exfinity Venture Partners, Founder Collective ... & 37 others	57/100
3rd	Koovers 2015, Bengaluru (India), Acquired	App-based platform offering car spare parts and accessories	$3.5M	Inflection Point Ventures, Canbank Venture Capital Fund ... & 111 others	56/100
4th	SparesHub 2013, Pune (India), Series A	Retailer of automotive service and replacement parts via online platform	$2.81M	Clarion Technologies, Vistra ITCL & 104 others	46/100
5th	Garaaz 2019, Jaipur (India), Seed	Omni channel marketplace and SaaS platform that facilitates the distribution of automobile spare parts	$692K	Gujarat Venture Finance, Kuttukaran Group ... & 12 others	41/100
6th	Autozilla 2015, Hyderabad (India), Seed	Online B2B marketplace to buy & sell auto parts	$2.46M	Bosch & 6 others	34/100
7th	Morsebiz 2022, Gurugram (India), Unfunded	Online B2B distributor of automotive parts and accessories	-	-	33/100
8th	Amicco 2024, Gurugram (India), Seed	Provider of automotive spare parts	$1M	Eximius Ventures, FJ Labs	33/100
9th	Ravindra Auto Distributors 2017, Raipur (India), Deadpooled	Online distributor for auto parts & accessories	-	-	32/100
10th	George Oakes 1843, Chennai (India), Unfunded	Provider of automotive spares through a network of distribution branches	-	-	32/100

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Founders (largest shareholder) own 40.62%, Funds own 9.27%, Enterprises own 4.96% and Angels own 11.72%. The net worth of Koovers's founders is INR 31.7Cr as of Sep 02, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	40.62%	31.7Cr	1407669	3178044	4310303	2397610
Vinayak YB	3779226	3803567	4085286	9417502	3401611	6825298
Fund	9.27%	7.22Cr	2954024	9695843	8084744	5043394
Inflection Point Ventures	0	0	0	0	0	0
Astarc Ventures	0	0	0	0	0	0
Enterprise	4.96%	3.87Cr	7153	5228	5966	1812
Angel	11.72%	9.22Cr	3181552	6973910	2695663	1077491
Rajiv M Sanghvi	6	4	5	4	2	2
Sachin Dev Malhotra	0	0	0	0	0	0
Akash Preet Singh	0	0	0	0	0	0
Other People	6.57%	5.12Cr	221467	187555	810657	821850
ESOP Pool	5.74%	4.47Cr	67901	43176	47594	28574
Other Investors	21.01%	16.4Cr	1306649	8655055	5845402	3216535
Total	99.89%	78Cr	1528898	4397126	8509244	4269900