Amicco, a B2B marketplace for auto spare parts, has raised $1 million in its seed funding led by Eximius Ventures, with participation from FJ Labs and other investors.
The proceeds will be used to expand its network of independent garages, improve its tech platform, and strengthen its go-to-market efforts.
Founded in 2024 by Vivek Aalok, Amicco helps garages access spare parts more easily, with better pricing and faster delivery.
Vivek, who has previously worked on Wall Street and at Spinny, launched Amicco after seeing first-hand the inefficiencies in the auto aftermarket.
Currently active in Gurugram, Amicco plans to scale to more cities across India. Its technology focuses on reducing downtime, improving customer service, and bringing transparency to a highly fragmented industry.
Eximius Ventures, the lead investor in this round, is a pre-seed stage venture fund known for backing early-stage startups across fintech, SaaS, healthtech, gaming, and online media. Some of its notable portfolio companies include Jar, STAN, Skydo, and Eka.care.