MySyara

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MySyara is a UAE-based online car servicing and repair platform.

History

Founded in 2019 by Chirenj Chandran and Anser Latheef,[1] the company provides a car maintenance application.[2] 8 months later, MySyara acquired SKKYN Technologies, an on-demand car wash application provider, for $2.8 million.[3]

In February 2021, Creative Zone, Dubai's business setup advisory firm, acquired a stake in MySyara.[4] The company secured a $650,000 pre-Series A funding round, facilitated by JRC Corporate Consulting with ten investors.[5]

In October 2021, MySyara announced a partnership agreement with AutoCentral.[6]

In 2021, MySyara acquired a UAE-based auto parts distributor for $2.6 million and introduced "MySyara Supply" to streamline and integrate its supply chain operations.[7] The company also expanded to Abu Dhabi and Sharjah, with rising demand due to the COVID-19 pandemic.[8]

As of September 2022, MySyara had raised a total of $5.5 million in funding.[9] It has 105,000 users and claims to have helped save over 11.5 million liters of water.[1]

In September 2024, MySyara partnered with Mobil UAE to launch the first cloud garage network in the UAE.[10]

References

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