Bateriku.com closes US$7.4 mil Series B round to enhance roadside assistance and accelerate environmental goals

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Bateriku.com closes US$7.4 mil Series B round to enhance roadside assistance and accelerate environmental goals - Digital News Asia

Quick Summary:

Azarol stated, "To give some perspective, approximately 500,000 car batteries are replaced every month in Malaysia, which indicates roughly 10,000 tonnes of used batteries are being disposed of each month.”

"Bateriku.com collects slightly less than 1,000 used car batteries every month from our customers across the nation, and it’s our responsibility and in our best interest that our customers are educated on the impact of proper used battery disposal on the environment, particularly through our Go Recon Save The World’ initiative,” he added.

The company aims to seamlessly integrate the automotive verticals of Battery, Breakdown, "Bengkel” (car workshops and auto parts shops), and Bazaar (auto parts marketplace) into one cohesive ecosystem.Bateriku.com founder and CEO, Azarol Faizi, said: "Securing this funding in our tenth year is an honour, and it reflects the unwavering trust our investors place in our vision.