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 Jun 30, 2026, the latest employee count at SparesHub is 66.

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.

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.

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 26 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 26 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

66 as on Jun 30, 2026

Similar Companies

Boodmo & 211 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	Documents
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	9053257	Series A	1043203	4527226	7049066	8158526
May 28, 2022	6639116	Series A	8048737	3218119	5502129	MS Clinical Research & 4 more
Oct 29, 2021	6060925	Seed	7338525	8195097	Holomua Consulting	4124380

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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, Jyothi Puroshottam Gupta 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	12y 10m
fuvaf{n	Team	-	Current	9y 6m
yfmqvbk	Team	-	Current	8y 1m
ptnknop	Team	-	Current	9y 4m
dwlgzjy	Investor	jmyoewi	Past	8y 5m
Jyoti Gupta Purushottam	Independent board member	-	Current	12y 10m
uiqhyco	Independent board member	-	Past	1y 3m

View details of SparesHub's Founder profiles and Board Members

SparesHub's employee count trend

SparesHub has 66 employees as of Jun 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	$4.4M	Exfinity Venture Partners, Alteria Capital ... & 37 others	57/100
3rd	Koovers 2015, Bengaluru (India), Acquired	App-based platform offering car spare parts and accessories	$3.5M	Inflection Point Ventures, 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, Indian Angel Network & 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	36/100
7th	Morsebiz 2022, Gurugram (India), Unfunded	Online B2B distributor of automotive parts and accessories	-	-	34/100
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 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.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	32.83%	13.8Cr	6085499	8704003	2116108	2306019
Tapas Gupta	4206144	9948530	7355306	3370599	7971739	6153636
Fund	17.51%	7.37Cr	2782701	8014415	3119031	4290061
Lumis Partners	8	6	6	6	3	3
Dominor	0	0	0	0	0	0
Enterprise	15.60%	6.58Cr	1798025	4633238	6159941	2791195
Angel	16.41%	6.91Cr	4425657	8970965	8407978	2497607
Other People	13.17%	5.55Cr	3137288	4262743	4865756	8852133
ESOP Pool	4.36%	1.84Cr	6991	8338	8337	3654
Total	99.88%	42.1Cr	8610188	8371727	3331778	7154383