Ending Soon! Save 33% on All Access

Capitalizing on opportunistic move This Bangalore-based startup has created a niche for itself in the car space by offering car accessories along with professional fitter services at customers' doorsteps.

By Sunil Pol

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

http://www.caaryaar.com/

The Brainchild of two 21-year-old Arish Sancheti and Shubham Agarwal, CaarYaar is started with the first round of bootstrap funding of Rs 35 to Rs 40 lakh from friends and families.

They started with the idea to deliver hassle-free and convenient shopping experience to customers in the automobile accessories industry under the initiative of ASA Services. They were focused on getting the accessories fitted in front of your eyes sitting in the luxury of your home and office. Its product and service portfolio comprise complete car accessories needs with fitters.

"We have ventured into the space foreseeing the scope in this industry and the requirement of a product to ease the trouble of consumers in this segment. We strive to make your car accessories shopping effortless. No more standing in queues to get the accessories fitted, order from the comfort of your home or office with a few clicks of mouse and get it fixed at your doorstep," said Arish Sancheti, Co-founder, CaarYaar.

"It has been a very stressful and hectic journey with roadblocks and setbacks at every point. Slowly things started falling into places. Still we have a long way to go," said Arish.

Encouraged with the initial response since launching in August 2015 this Bangalore-based company is planning to enter car cleaning and detailing service further along with focusing on creating a platform to deal with all car-related requirements across all metros and Tier I cities. It aims to be a household name in everyone's day-to-day life.

Automobile is one of the fastest growing sectors in India and the world. In today's world, the need for effortless and convenient shopping experience is increasing. "At present, India is a very potential market. So it is beneficial to have more and more start-ups but again, they should bring some value addition to the market," said Shubham Agarwal, Co-founder, CaarYaar.

The automobile space, especially the used cars market, has evolved over time to become more and more consumer oriented. These peer-to-peer online marketplaces actively operating into the market are CarDekho, CarWale and CarTrade.

According to the Business Standard article published in 2014, in 2008-09, the annual used-car market was estimated at 1.5 million vehicles. Companies in this segment expected it to touch Rs 50,000 crore in five years. And as per the blog published by Quikr.com in 2014, the used car market in India currently has an inventory of 3.2 million cars and for every new car sold, 1.2 used cars are sold.

Sunil Pol

Correspondent, Entrepreneur India

Science & Technology

Bad Data: The $3 Trillion-Per-Year Problem That's Actually Solvable

How the right tech can help entrepreneurs make data more accessible and accurate, avoiding massive losses in the process.

Science & Technology

9 New Fitness Gadgets to Help You Get Into Shape This Year

From a watch that tracks your mood to a belt that tracks your steps, here are some of the most fitness-focused innovations spotted at this year's Consumer Electronics Show.

News and Trends

Gurugram-based Wealth Management Firm Finvolve Closes Maiden INR 100 Cr Fund, Launches Two New Funds

Finvolve also announced the launch of two new funds, pre-seed Accelerator Fund and Scale Fund, including a GIFT city, with an investment capacity of around INR 500 crore to widen its investment spectrum: Accelerator, Seed, and Scale.

Side Hustle

These Brothers Had 'No Income' When They Started a 'Low-Risk, High-Reward' Side Hustle to Chase a Big Dream — Now They've Surpassed $50 Million in Revenue

Sam Lewkowict, co-founder and CEO of men's grooming brand Black Wolf Nation, knows what it takes to harness the power of side gig for success.

Leadership

How to Break Free From the Cycle of Overthinking and Master Your Mind

Discover the true cost of negative thought loops — and practical strategies for nipping rumination in the bud.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.