Kenyan Marketplace for Spare parts, Sparepap Raises Funding From Mobility 54

Kenyan Marketplace for Spare parts, Sparepap Raises Funding From Mobility 54

Sparepap, a Kenyan-based marketplace for engine spare parts, reinventing how Kenyans buy and sell spare parts through its app, named, SparePAP app,  has raised an undisclosed amount.

The funding came from Mobility 54 Investment, a corporate venture capital subsidiary of Toyota Tsusho Corporation, and the CFAO funding round.

The after-sales marketplace startup aims to improve after-sales quality by addressing a lack of transparency in services and goods and wasteful processes.

The CFAO group has been developing its after-sales network for numerous brands across the east African country. Using the group after-sales knowledge is projected to provide a series of synergies with Sparepap.

Sparepap, founded in 2019, provides a seamless digital solution for automotive customers’ convenient and effective access to spare parts and car maintenance and the opportunity for engine spare parts merchants and service providers to reach a larger audience.

The sales platform is also the motorist’s one-stop solution for auto maintenance, with lending facilities for automotive emergencies and digital automobile insurance (with partners) in the future. Its app has access to tens of thousands of purchasers, and it uses its analytics tool to optimize its inventory.

Its app allows car owners to find, compare, and buy replacement parts from Sparepap-verified vendors while having them delivered at their convenience.

By advertising their inventory in the app, merchants can reach a broader audience and increase sales.

Sparepap connects car owners with vetted, experienced, and trusted mechanics on demand, especially when their regular mechanic is unavailable.

Automobile owners now leverage the Sparepap app to schedule auto servicing appointments with verified corporate and local repair centers and garages verified in Sparepap systems.