Carzaty raises $4 million after launching its auto retail platform in the UAE

by carzatyblog

Carzaty, an online retail platform from Oman for new and used vehicles, recently launched within the UAE.

Since its conception in 2017 by Co-Founders Hassan Jaffar and Marwan Chaar, Carzaty managed to raise $4 million in funding. They also welcomed a recent strategic investment from Innovation Development Oman (IDO Investments) to support the company’s expansion plans further within the region.

Explaining how Carzaty works, Co-Founder Hassan Jaffar has stated: “Carzaty is elevating the auto retail market into the digital age, where buyers can search, compare, buy and finance cars from the comfort of their home. We are proud to have sold hundreds of cars since our launch in Oman in 2017, with hundreds of happy customers validating Carzaty’s new car buying experience.”

Carzaty has proven to be a reliable marketplace, as Co-Founder Marwan Chaar elaborated: “Carzaty offers the convenience and savings that we’ve all come to expect from e-commerce with the reliability that comes from buying directly from a trusted dealership. All cars in our inventory have been reconditioned to strict quality standards and come with warranties, giving customers peace of mind.”

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