Pune, India, December 08, 2013 --(PR.com
)-- SparesHub.com, an online store for selling car spare parts has launched its operations on 30th November 2013. It offers genuine and warranty backed spare parts for all the car brands and models online. SparesHub.com enables the customers in any city of India to order spare parts for any car model that they have.
Initial customer response has been very encouraging to SparesHub.com. It has been receiving orders for car parts ranging from the old and discontinued Daewoo Matiz to the latest Mercedes Benz E-class E250 from the very first day of the launch, from far off places like Assam to small towns in Tamil Nadu.
There are almost 1.36 crores passenger cars in India. The aftermarket spare parts industry in India for passenger vehicles is valued at more than Rs. 6000 crores, according to Automotive Component Manufacturers Association (ACMA). The current spare parts distribution industry is highly unorganized and fragmented with ample scope for disruption using e-commerce in both B2C and B2B segment.
There are already many e-commerce based spare parts companies offering millions of spare parts online in US, Europe and Australia. SparesHub.com is consistently building its online catalog with the aim of offering the largest collection of spare parts online. Their market survey suggests that almost 40% of the spare parts buyers are the vehicle owners themselves. With the increasing internet penetration in India even traditional garage owners and mechanics now have access to internet and would shift to online purchase in future. The easy of ordering the spare parts online and getting it home delivered rather than searching in the local market is one of the reasons why customers prefer SparesHub.com.
Tapas Gupta, the founder of SparesHub.com started this venture when his cousin could not find parts for his Skoda Octavia neither in local markets of Amravati city nor online. There was an existing problem of unavailability of car parts that could be solved using e-commerce efficiently. The startup has been bootstrapped from his personal savings and family support. Earlier he has worked with Mercedes Benz India Pvt. Ltd. and Crisil Ltd. in finance domain and is an MBA in finance and electronics engineer by education.