CarzSo, a virtual pre-owned car company, raised Rs 5 crore (about $700,000) from investors led by Mytash (an Indian investment arm of US early-stage investment fund).
Founded in 2019 by Vaibhav Sharma, the startup offers a digital experience through its online platform, which displays a range of cars with details and pictures.
The startup plans to launch three to five virtual stores to improve its presence in rural, Tier II and III markets and plans on filing multiple patents for the use of “Virtual Reality” technology in the auto space.