A total fund of TL 5 million was raised at a fundraising tour led by KT Portföy Teknogirişim Venture Capital Investment Fund supported by both Kuveyt Türk and Vakıf Katılım, for Otovınn, a company providing motor vehicles owned by corporations or individuals with all kinds of after-sale service under the same roof. Otovınn, the first and only new generation smart management system, aims to use the above mentioned investment fund to attract more customers, to strengthen its field operations, to improve its software infrastructure and digitalization process and to expand to international markets. Achieving an annual growth rate over 100% every year since it was started in 2013, Otovınn provides motorists with such much needed after-sale services as maintenance, protection, carwash, parking, tire change and valet services under the same roof in 81 provinces of Turkey and acts as the largest automotive service platform in this country. Uniting field operations with a digital infrastructure to provide a continuous and high quality user experience, Otovınn achieved to raise funds from a group of domestic and international investors in spite of the stagnation suffered by the global markets, thanks to a fundraising tour led by KT Portföy Teknogirişim Venture Capital Investment Fund (GSYF). Raising a total fund of TL 5 million, Otovınn aims to use the said investment fund to attract more customers, to strengthen its field operations, to improve its software infrastructure and digitalization process and to expand to international markets. “Otovınn will serve as a technology company” Hamit Kütük, Managing Director of KT Portföy Yönetimi, said: “KT Portföy Teknogirişim GSYF successfully completed a fundraising tour for TL 5 million from certain domestic and international investors. Otovınn will use the investment fund in question to increase its service shops, to expand its customer portfolio and to improve its software infrastructure, and will serve as a technology company providing its customers with vehicle after-sale maintenance services. We believe Otovınn will achieve to carry its success step by step to regional and global markets starting from this country.” “We will carry our experience to international markets” Serkan Bakırtaş, Chairman of the Board Otovınn, said: “Otovınn provides services across Turkey through its service subcontractors, it is a platform aiming to provide motorists with smart management system services and uniting field operations with a digital infrastructure to provide a continuous and high quality user experience. 17 million motor vehicles are registered in Turkey, and we target to provide corporations and individuals owning them with services. We aim to expand our service range and availability in Turkey and to carry our experience to international markets by using the funds raised in the tour led by KT Portföy.” 1,600 service shops in 81 provinces Running the largest vehicle service network in Turkey, Otovınn cooperates with over 1,600 service shops in 81 provinces of this country to provide motorists with quality and insurance-covered services and operational facilities at fixed prices. Otovınn provides motorists with such much needed after-sale services as maintenance, protection, carwash, parking, tire change and valet services under the same roof, and unites field operations with a digital infrastructure to provide a continuous and high quality user experience. Otovınn enables corporations to control their operational costs and allows individuals to pay in cash or through mobile applications or by QR code for services. Otovınn aims to use the investment fund to attract more customers, to strengthen its field operations, to improve its software infrastructure and digitalization process and to expand to international markets. About Otovınn Started by entrepreneur Serkan Bakırtaş in 2013, Otovınn is the first and only new generation smart management system in Turkey providing motor vehicles owned by corporations or individuals with all kinds of after-sale service under the same roof. Otovınn presents continuous and quality service experience of maintenance, protection, carwash, parking, tire change and valet services to corporations and individuals through its technology and infrastructure. Operating the widest service network in Turkey, Otovınn ensures over 1,600 service shops in 81 provinces of this country to provide motorists with quality and insurance-covered services and operational facilities at fixed prices. It enables corporations to control their operational costs and allows individuals to pay in cash or through mobile applications or by QR code for services. Visit www.otovinn.com for detailed information about Otovınn.