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MySyara

From EverybodyWiki Bios & Wiki


MySyara is a UAE-based online car servicing and repair platform.[1][2]

History

Founded in 2019 by Chirenj Chandran and Anser Latheef,[3] the company provides a car maintenance application.[4][5][6] Eight months later, MySyara acquired SKKYN Technologies, an on-demand car wash application provider, for $2.8 million.[7]

In February 2021, Creative Zone, Dubai's business setup advisory firm, acquired a stake in MySyara.[8][9][10] The company secured a $650,000 pre-Series A funding round,[11][12] facilitated by JRC Corporate Consulting with ten investors.[13][14]

In October 2021, MySyara announced a partnership agreement with AutoCentral.[15][16]

In 2021, MySyara acquired a UAE-based auto parts distributor for $2.6 million[17][18] and introduced "MySyara Supply" to streamline and integrate its supply chain operations.[19][20][21] The company also expanded to Abu Dhabi and Sharjah, with rising demand due to the pandemic.[22][23]

As of September 2022, MySyara had raised a total of $5.5 million in funding.[24] It has 105,000 users and claims to have helped save over 11.5 million liters of water.[3]

In September 2024, MySyara partnered with Mobil UAE to launch the first cloud garage network in the UAE, aiming to open 20 locations by the end of 2025.[25][26]

References

  1. "MySyara comes to the UAE to provide all the car services you need right at your doorstep". Gulf News. 2019-11-17. Retrieved 2025-03-01.
  2. "Why UAE-based MySyara is driving ahead with rapid growth plans". Arabian Business. 2021-03-08. Retrieved 2025-03-01.
  3. 3.0 3.1 "Chirenj Chandran; Anser Latheef". Forbes. Retrieved 2025-03-01.
  4. "Generation start-up: How UAE's MySyara is disrupting region's car servicing industry". The National. Retrieved 2025-03-01.
  5. MediaNatureTeam!. "MySyara تستعد لإطلاق أول باقة إلكترونية لخدمات السيارات في الشرق الأوسط". mebusiness.ae (in العربية). Retrieved 2025-03-01.
  6. "تطبيق MySyara الإماراتي يسعي للتوسع في مصر والسعودية". مارشدير (in العربية). 2021-09-12. Retrieved 2025-03-01.
  7. "MySyara acquires car wash app for $2.8m". Gulf News. 2019-12-22. Retrieved 2025-03-01.
  8. "Creative Zone acquires stake in car service app MySyara". My Startup World - Everything About the World of Startups!. 2021-02-07. Retrieved 2025-03-01.
  9. "UAE Business: Creative Zone acquires stake in MySyara". www.gdnonline.com. 2017-12-05. Retrieved 2025-03-01.
  10. "Creative Zone acquires stake in MySyara". wamda.com. February 8, 2021.
  11. "MySyara secures $650,000 in pre-Series A round". Wamda. February 3, 2021.
  12. "MySyara secures $650,000 funding, launches online auto service package". The UAE News. February 2, 2021. Archived from the original on February 2, 2021. Retrieved March 1, 2025. Unknown parameter |url-status= ignored (help)
  13. "MySyara تحصل على 650 ألف دولار أمريكي عبر جولة تمويل قبل المرحلة 'أ' تهدف لإطلاق أول باقة إلكترونية لخدمات السيارات في الشرق الأوسط". www.zawya.com (in العربية). Retrieved 2025-03-01.
  14. "منصة MySyara تغلق جولة استثمارية بقيمة 650 ألف دولار - جولة". جولة (in العربية). 2021-02-03. Retrieved 2025-03-01.
  15. "Al Masaood's Auto Central partners with MySyara AutoTech Startup to cater to wider customer base". masaood.com. Retrieved 2025-03-01.
  16. "Al Masaood's AutoCentral partners with MySyara AutoTech Startup to cater to wider customer base". Middle East Business News and Information. 2021-10-04. Retrieved 2025-03-01.
  17. "UAE-based startup MySyara acquires major auto parts distributor in region". GCC Business News. 2021-08-11. Retrieved 2025-03-01.
  18. "MySyara raises $400,000 and announces $2.6 million acquisition to fuel expansion". Wamda. Archived from the original on 2024-12-05. Retrieved 2025-03-01. Unknown parameter |url-status= ignored (help)
  19. "MySyara announces acquisition worth $2.6m to fuel expansion plans". Khaleej Times. Retrieved 2025-03-01.
  20. "UAE start-up MySyara announces acquisition, raises funds". Gulf News. 2021-09-05. Retrieved 2025-03-01.
  21. "UAE-based MySyara Acquires Auto Parts Distributor for $2.6M". SecneNow. Retrieved 2025-03-01.
  22. "MySyara car-services app expanding to Abu Dhabi - Experience Abu Dhabi". experienceabudhabi.com. 2021-02-16. Retrieved 2025-03-01.
  23. "MySyara car-services app expanding to Abu Dhabi and Sharjah | DriveArabia". Drive Arabia. 2021-02-02. Retrieved 2025-03-01.
  24. التحرير, فريق (2021-08-12). "تطبيق صيانة السيارات MySyara يحصل على استثمار قدره 400 ألف دولار". جولة (in العربية). Retrieved 2025-03-01.
  25. "MySyara, Mobil partner to launch cloud garage network". 2024-09-17. Retrieved 2025-03-01.
  26. "MySyara launches the first cloud garage network in the UAE in partnership with Mobil UAE". www.zawya.com. Retrieved 2025-03-01.


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