Engineering:MySyara
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
- ↑ 1.0 1.1 "Chirenj Chandran; Anser Latheef" (in en-US). https://www.forbesmiddleeast.com/lists/30-under-30-2022/chirenj-chandran-anser-abdul-latheef/.
- ↑ "Generation start-up: How UAE's MySyara is disrupting region's car servicing industry" (in en). https://www.thenationalnews.com/business/economy/2021/09/12/generation-start-up-uaes-mysyara-is-disrupting-car-ownership-in-the-region/.
- ↑ "MySyara acquires car wash app for $2.8m" (in en). 2019-12-22. https://gulfnews.com/business/mysyara-acquires-car-wash-app-for-28m-1.68631713.
- ↑ "UAE Business: Creative Zone acquires stake in MySyara". 2017-12-05. https://www.gdnonline.com/Details/935178/Creative-Zone-acquires-stake-in-MySyara-.
- ↑ "MySyara secures $650,000 in pre-Series A round". February 3, 2021. https://www.wamda.com/ar/2021/02/mysyara-secures-650000-pre-series-round.
- ↑ "Al Masaood's Auto Central partners with MySyara AutoTech Startup to cater to wider customer base". https://www.masaood.com/en/media-centre/latest-news/al-masaood-s-auto-central-partners-with-mysyara-autotech-startup-to-cater-to-wider-customer-base/.
- ↑ "UAE start-up MySyara announces acquisition, raises funds" (in en). 2021-09-05. https://gulfnews.com/auto/news/uae-start-up-mysyara-announces-acquisition-raises-funds-1.1630838908868.
- ↑ "MySyara car-services app expanding to Abu Dhabi and Sharjah". 2021-02-02. https://www.drivearabia.com/news/2021/02/02/mysyara-car-services-app-dubai-abu-dhabi-sharjah/.
- ↑ التحرير, فريق (2021-08-12). "تطبيق صيانة السيارات MySyara يحصل على استثمار قدره 400 ألف دولار" (in ar). https://jawlah.co/17809.
- ↑ "MySyara, Mobil partner to launch cloud garage network" (in en-US). 2024-09-17. https://gulfbusiness.com/mysyara-to-launch-uaes-first-cloud-garage-network/.
 |  |
