CTOgram, a Kazakhstan car aftersales platform, announced Monday it has raised $700,000 funding led by Singapore-based venture capital firm Quest Ventures.

The round also saw the participation from MOST Ventures, and Adil Nurgozhin, a former board member of Baiterek Holdings, the sovereign wealth fund of Kazakhstan.

CTOgram said in a statement, the investment will speed up the adoption of CTOgram across the region and thereby provide extensive support to drivers everywhere.

“CTOgram is a user-friendly and fast service for the selection of car after-sales service providers. Customers indicate their vehicle license number in the app, and the system automatically tags the vehicle identification number, model, year of production, and engine capacity.

“It then suggests car services, as well as spare parts, suitable for the car. Customers can also choose to receive bids from curated service providers. Close to 40,000 reviews from other car owners help users choose the best option,” said Zhandos Tursumbayev, Founder and Chief Executive Officer of CTOgram.

Founded in 2016, CTOgram helps drivers to find car services from curated providers and car products such as spare parts from wholesalers on a platform that has already serviced 180,000 car owners.

According to the statement, more than 1,100 car services are connected on the platform.

The company had previously raised an angel round of investment from well-regarded business angels such as Olzhas Zhiyenkulov, Talgat Ismail, Anuar Seifullin, and Ruslan Rakymbay.

“The auto servicing industry in Kazakhstan and the broader Central Asia region has remained static for the last thirty years. The transparency and convenience that CTOgram brings to this sector is disruptive and sets the stage for bigger things to come,” said James Tan, Managing Partner of Quest Ventures.

Meanwhile, MOST Ventures Managing Partner Alim Khamitov said, he believes in the ecosystem that the startup is building around car owners and services.

“We believe that the startup has excellent organic growth. This investment will allow the service to cover the entire market and give an impetus to enter the markets of neighboring countries,” he said.

Baiterek Holdings former member of the board and angel investor Adil Nurgozhin also said: “From the beginning, I believed in the CTOgram team led by Zhandos. I saw them entering a niche in which they have an opportunity to dominate. This is a blue ocean that the team learned to swim in, and they swam fast.”

CTOgram is a vehicle after-sales platform that connects hundreds of thousands of car owners in Central Asia with thousands of service providers, and in the process disintermediating middlemen and providing transparency to consumers.

It allows users to discover automotive service stations, car washes, spare parts, and other services. Users can view the profiles and check the reviews and ratings of the nearby service stations. It enables users to check the spare parts for their cars and their sellers. It also provides smartphone-based apps for iOS and Android devices.

CTOgram (pronounced “C-T-O-gram”) is so named because “CTO” in Russian means station of technical service.

Quest Ventures is a top venture capital fund in Asia. Its portfolio of 90+ venture-backed companies operate in more than 150 cities across Asia. Its portfolio companies include unicorns and well-known companies such as Carro, Carousell, ShopBack, 99.co, and others.

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