When was SparesHub founded?

SparesHub was founded in 2013 and raised its 1st funding round 2 years after it was founded.

Where is SparesHub located?

SparesHub is headquartered in Pune, India. It is registered at Office No 606 Deron Heights Sr No 270/1/23, Opp Hotel Mahableshwar Baner Road, Baner Gaon, Pune, Haveli, Maharashtra, India, 411045.

Which legal entities is SparesHub associated with?

SparesHub is associated with IRADIUM AUTOMOBILES PRIVATE LIMITED.

How many employees does SparesHub have?

As of Sep 30, 2026, the latest employee count at SparesHub is 67.

Is SparesHub a funded company?

SparesHub is a funded company, having raised a total of $2.81M across 9 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 17, 2015.

How much is SparesHub worth?

The latest valuation of SparesHub is $***** as of May 16, 2023. This marks a decline of 13% from its peak valuation of $5.84M in Oct, 2015. This marks a decline of 13% from its peak valuation of $5.84M in Oct, 2015.

When was the latest funding round of SparesHub?

SparesHub's latest funding was a $***** Series A round on May 16, 2023, with participation from 1 investor. Its primary sector is Auto E-Commerce & Content. In India, the Auto E-Commerce & Content sector has seen $119M in funding in 2026 to date.

What is the annual revenue of SparesHub?

Annual revenue of SparesHub is less than ₹10 Cr as on Mar 31, 2025

Where does SparesHub rank among its competitors?

SparesHub ranks 4th amongst 34 active competitors, of which 6 are funded. It stands 4th 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 SparesHub?

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

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

Company Details

Retailer of automotive service and replacement parts via online platform. The business provides a range of components, including brake systems, engine parts, and clutch and transmission elements. Suspension and steering parts, heating and cooling components, and electrical and lighting products are also available. Body and exhaust parts, cables, and lubricants are offered through the platform.

Website: spareshub.com
Social
Email ID: *****@spareshub.com
Phone Number: +91 **********
Registered Address: Office No 606 Deron Heights Sr No 270/1/23, Opp Hotel Mahableshwar Baner Road, Baner Gaon, Pune, Haveli, Maharashtra, India, 411045

Key Metrics

Founded Year

2013

Location

Pune, India

Stage

Series A

Total Funding

$2.81M in 9 rounds

Latest Funding Round

Series A, May 16, 2023, $*****

Post Money Valuation

$***** as on May 16, 2023

Investors

Anthill Ventures & 105 more

Ranked

4^th among 34 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

67 as on Sep 30, 2026

Similar Companies

Boodmo & 250 more

View SparesHub's full profile

SparesHub is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
IRADIUM AUTOMOBILES PRIVATE LIMITED CIN: U50401PN2013PTC148765 , India, Active	Sep 10, 2013	0 - ₹10 Cr (As on Mar 31, 2025)	13 (As on Oct 31, 2024)

SparesHub has raised a total funding of $2.81M over 9 rounds. Its first funding round was on Oct 17, 2015. Its latest funding round was a Series A round on May 16, 2023 for $*****. 1 investor participated in its latest round. SparesHub has 32 institutional investors and 74 angel investors.

Here is the list of recent funding rounds of SparesHub:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 16, 2023	1752027	Series A	5836220	3988334	4918479	6269264
May 28, 2022	9655834	Series A	1676646	4741448	6764018	MS Clinical Research & 4 more
Oct 29, 2021	1597695	Seed	4005264	6777375	Holomua Consulting	1373429

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View details of SparesHub's funding rounds and investors

The founders of SparesHub is Tapas Gupta.

Here are the details of SparesHub's key team members:

Tapas Gupta: Co-Founder of SparesHub. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

SparesHub's Board of Directors

SparesHub's board has 6 active members. Tapas Gupta, Archana Gupta, Jyoti Gupta Purushottam and Veera Narayana Sailesh Sigatapu are part of team and Eric James Brown and Jyoti Gupta Purushottam are independent board members.

Here is the list of SparesHub's board of directors:

Name	Type	Representing	Status	Duration
Tapas Gupta	Team	-	Current	13y 1m
vni{him	Team	-	Current	8y 2m
cktdaje	Team	-	Current	9y 3m
ckkvjhu	Team	-	Current	6y 1m
yplicfv	Investor	pgmqwfg	Past	4y 8m
Jyoti Gupta Purushottam	Independent board member	-	Current	13y 1m
tgcumpl	Independent board member	-	Past	4y 2m

View details of SparesHub's Founder profiles and Board Members

SparesHub's employee count trend

SparesHub has 67 employees as of Sep 26. Here is SparesHub's employee count trend over the years:

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Top competitors of SparesHub include Boodmo, Autoverse and Koovers. Here is the list of Top 10 competitors of SparesHub, 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	Canbank Venture Capital Fund, Z Nation Lab ... & 111 others	56/100
4th	SparesHub 2013, Pune (India), Series A	Retailer of automotive service and replacement parts via online platform	$2.81M	Lumis Partners, Clarion Technologies & 104 others	49/100
5th	Garaaz 2019, Jaipur (India), Seed	Omni channel marketplace and SaaS platform that facilitates the distribution of automobile spare parts	$533K	Gujarat Venture Finance, Kuttukaran Group ... & 12 others	43/100
6th	Partnr 2023, Delhi (India), Unfunded	Retailer of spare parts and lubricants for two wheeled vehicles	-	-	43/100
7th	George Oakes 1843, Chennai (India), Unfunded	Provider of automotive spares through a network of distribution branches	-	-	35/100
8th	Autozilla 2015, Hyderabad (India), Seed	Online B2B marketplace to buy & sell auto parts	$2.46M	Bosch & 6 others	34/100
9th	Morsebiz 2022, Gurugram (India), Unfunded	Online B2B distributor of automotive parts and accessories	-	-	34/100
10th	Amicco 2024, Gurugram (India), Seed	Provider of automotive spare parts	$1M	Eximius Ventures, FJ Labs	33/100

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IRADIUM AUTOMOBILES PRIVATE LIMITED, the legal entity associated with SparesHub, generated less than ₹10 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of IRADIUM AUTOMOBILES PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 76% in the last 1 year.

Financial Statement Summary

Metrics	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Income Statement
Revenue	4386	5296	9274	4345	7069
Total Sales	4810	4677	4631	6826	9494
Total Expenses	7037	1124	7342	2277	2234
Operating Expenses	5639	6309	2291	8747	9857
Employee Expenses	1850	4034	4739	7534	7720
Operating Income (EBIT)	6458	8362	5466	4600	9230
Interest Expenses	2542	2845	6809	7945	1352
Expenses from other activities	4469	8396	6062	9770	7977
EBITDA	4231	4704	3864	9470	4906
Taxes	3575	3665	5174	4057	9968
Net Profit	3255	4452	1388	8344	3258
Balance Sheet
Assets	3433	2391	9061	5266	2984
Accounts Receivables	6630	1664	1242	5296	2598
Inventory	4883	2142	9054	7498	1721
Liabilities	7973	6720	6244	3409	1958
Total Debt	9574	4329	4634	4054	9418
Accounts Payable	9013	8010	4129	3362	5581
Equities	8084	6770	9364	2098	4848

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Founders (largest shareholder) own 32.83%, Funds own 17.51%, Enterprises own 15.60% and Angels own 16.41%. The net worth of SparesHub's founders is INR 13.8Cr as of May 16, 2023. The cap table displayed below is for IRADIUM AUTOMOBILES PRIVATE LIMITED which is the legal entity associated with SparesHub.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	32.83%	13.8Cr	6687021	3257074	2136173	6601645
Tapas Gupta	1866638	6660034	6876185	1222230	6506942	4206050
Fund	17.51%	7.37Cr	5642411	8388723	1963052	9011407
Lumis Partners	4	6	2	7	6	8
Dominor	0	0	0	0	0	0
Enterprise	15.60%	6.58Cr	6203617	9994866	5727080	6573690
Angel	16.41%	6.91Cr	8373027	8077742	1654104	4955106
Other People	13.17%	5.55Cr	8511016	6475190	6860680	8182720
ESOP Pool	4.36%	1.84Cr	4151	7994	6207	9825
Total	99.88%	42.1Cr	3964180	8435850	4541840	8289508