AUTOPAIR enters its fifth year, reinforcing its success, raising over 70 million baht in Series A funding. Mitsubishi Corporation transforms Thailand’s automotive parts and parts industry
Auto Pair (AUTOPAIR) is a software solutions company. Online auto parts ordering system Comprehensive auto repair management system and warehouse management system for automotive parts dealers Moving forward, preparing to step into the 5th year, revealing an overview of the success of business operations in Thailand Along with announcing a fundraising worth more than 70 million baht from the Japanese giant Mitsubishi Corporation to increase opportunities to expand new customer base and strengthen business, such as the UI/UX of the system. Target market share of 1% of the total market share of automotive parts and replacement parts industry. and generate annual income of up to 2,000 million baht, as well as upgrading the work processes of the replacement parts industry from upstream to downstream and become the market leader in providing complete software solutions in the automotive spare parts industry in Thailand.
Mr. Santi Vajanaphanich, Executive Chairman of Auto Pair Co., Ltd., said, “Currently, Thailand is in the transition to a fully digital economy. This is evident from the adoption of technology and digital systems to enhance business competitiveness. We, as a business operator and service provider for the purchase of automotive parts and replacement parts, see business opportunities. By participating in the filling of the auto parts industry, it can pass through the walls of the digital era completely. We intend to develop the business along with providing a new experience for users to be more convenient, faster and more transparent in the purchase of car parts. Currently, Auto Pair has a network of more than 200 auto repair and spare parts stores nationwide. Ready to aim to continue to bring the service to the target group and garages across the country.”
The total market value of the auto replacement parts market is up to 306,145 million baht per year, with an average growth rate of about 6.9 percent per year. because car users choose to extend the period of using the old car instead of Buy a new car to save money. In the total market value, it is divided into spare parts cost of approximately 200,000 million baht and service fees of 100 billion baht. Currently, Auto Pair has an annual income of more than 100 million baht, with an average growth rate of 385% per year. Past business at the beginning The company received a Seed Round from KK Fund, a Venture Capital from Singapore, and Pre-Series A from Summit Auto Body Industry Co., Ltd., Thailand’s largest auto parts manufacturer. This fundraising helps to expand the customer base of Auto Pair. The goal is to have more than 1,000 garages using this management system. and apply technology to transform work processes into digital formats through various systems to be completely in line with the behavior of today’s consumers and to make work more efficient Recently, it has raised another Series A funding from a world-class company such as Mitsubishi Corporation, with a target of 1% market share of the total market value of the auto parts and spare parts industry. generate income up to 2,000 million baht in the next 2 years
Currently, Auto Pair (AUTOPAIR) provides comprehensive solutions in the automotive replacement parts market industry through 3 main systems as follows:
1. Quick parts ordering system for spare parts stores and fastfit shops (AutoTrade) where Fastfits can manage quick parts information transparently. And can order more than 50,000 products in the system, supporting more than 20 brands of cars, 400 sub-models, delivered within 60 minutes, with service every day, including holidays, covering more than 29 provinces across the country. The spare parts shop using this system can increase sales by more than 100,000 baht per month and we currently have a garage. More than 200 fast-fits using services such as Cockpit, Fit Auto, Auto1 and Autobacs, etc., which have delivered more than 100,000 quick parts through the system, with AI systems helping to provide fast and accurate spare parts. with an accurate delivery rate of up to 99%.
2. Garage management system with online wholesale market (AutoHero) for general garages who have never installed any system before, can use this system to record repair work. collect customer information including ordering spare parts from the online wholesale market at upstream prices Helps reduce costs by not having to buy large quantities of products at a time and can also be purchased at a special price The online wholesale market not only covers more than 85% of all passenger cars in the country. But there are still more than 10,000 tires, making the garage able to accommodate all types of customers. Without having to worry about finding spare parts, the system is designed to be easy to use. no obligation Ready to support work on computers, tablets and mobile phones, starting at only 799 baht per month.
3. Spare parts and tires warehouse service system ready for delivery (AutoExpress) is a system that facilitates both online and offline trading. in terms of storage space packing and shipping It helps sellers who don’t have enough time to pack and ship orders by themselves when there are large and small sales volumes. The order management system can also be connected to the API system between the warehouse and the online wholesale market. to increase sales opportunities for new customers At present, we have 3 service warehouses covering Bangkok and its vicinities, and aim to expand to 10 warehouses in various provinces across the country by 2024.
“AUTOPAIR is committed to developing various systems in the future to support a wide range of functions and complete from upstream to downstream. And we don’t have a policy to create any auto parts store because we intend to create a system for everyone in the industry to work easier and more convenient. We do not want to be a competitor to anyone,” Mr Santi concluded.
Those who are interested or want to receive services Details can be found on the website. www.autopair.co For more information, call 02 219 1600 or Line Official: @helloautopair or via facebook.com/autopair.co.