CarZ Uses USD 5 million Funding

CarZ, a multi-brand car service network raised Series-A funding of $5 million from Indo-US ventures for its expansion plans. Carz has opened nine service outlets in Guntur, Khammam, Rajahmundry, Kakinada, Nellore, Anantapur, Tirupati, Visakhapatnam and Vijayawada.

CarZ, which commenced operations in Hyderabad in 2008 now has 12 outlets across Andhra Pradesh (including three in Hyderabad and two in Bangalore) with plans for a phased nationwide rollout.