Koovers, a B2B auto spares startup, raises $1.5 million

Koovers, a business-to-business auto spares startup, has raised $1.5 million in a round led by Inflection Point Ventures. Other investors in the round include JPIN-VCats and Venture Catalysts.

The company said it will use the funds to enter more markets across India, expand its product portfolio and upgrade its technology platform.