Bateriku today announced the receipt of investment funds amounting to RM10 million from VentureTECH Sdn Bhd and Venture TECH SBI Sdn Bhd. Both firms invested RM3 million and RM7 million respectively.
Through the injection of this fund, Bateriku is expected to use it to continue to improve operations, expand its reach and improve the customer experience.
For those who are not familiar with Bateriku, it provides roadside assistance services, including changing vehicle batteries. This investment is also expected to continue to help Bateriku in developing an ecosystem that connects battery breakdowns and problems with car workshops, in addition to Bazaar which focuses on the car spare parts market.
Bateriku was founded in March 2014, and since then has shown healthy growth, and has Bateriku stores in a number of locations that facilitate the process of connecting assistance to vehicle owners.