Torque360, a leading auto repair management platform, is revolutionizing the automotive industry under the visionary leadership of CEO Salman Sarwar. Renowned for his innovative contributions to the repair software sector, Sarwar is transforming auto repair business operations and setting new benchmarks for innovation and growth in the global automotive landscape.
Salman Sarwar’s journey in the repair software industry began as the Chief Operating Officer at RepairDesk, where his strategic vision and operational excellence drove the company to new heights. During his tenure, he implemented crucial innovations that resulted in a staggering revenue increase of 436%, from $28,000 to $150,000 annually. His leadership was instrumental in transforming RepairDesk into a leader in the repair software space, with a record-low customer churn rate of less than 2% over six consecutive months.
One of Salman's most notable achievements at RepairDesk was the introduction of an enterprise software version designed for large businesses, which expanded the company’s market reach and solidified its industry position. His success at RepairDesk laid the foundation for his next venture, Torque360.
Identifying a significant gap in the auto repair market, Salman founded Torque360, an all-in-one auto repair management solution designed to streamline operations for repair shops. With the global automotive repair industry market share projected to double to $1.6 trillion from $789.8 billion by 2031, Torque360 is poised to capitalize on this massive market opportunity.
Torque360’s innovative platform includes features like the Quick Estimate tool, Integrated Campaigner Module, and Quick Job feature, which have already attracted major clients. The platform’s ability to increase shop revenues and streamline operations has led to a 20% monthly revenue growth and a tenfold expansion in its customer base since 2023.
Torque360’s achievements are driven by its ability to secure significant investments and partnerships. The company has raised $120,000 from Techstars in 2023 and $400,000 from angel investors between 2021 and 2023. Additionally, Torque360 has formed a strategic partnership with a leading auto repair chain comprising over 150 stores, further solidifying its position in the market.
Torque360’s recent victory in the prestigious Google Cloud Startup Competition Pakistan 2024, where it won in the Fintech category, underscores the platform's strength in automotive fintech. This recognition highlights Torque360’s innovative approach to integrating financial technology into auto repair management, offering solutions that simplify transactions and improve financial performance for auto repair shops.
The global automotive fintech market is experiencing rapid growth, with trends indicating a rise in demand for technology that enhances financial operations in the automotive sector. Torque360 is at the forefront of this shift, leveraging its platform to drive efficiency and profitability for auto repair businesses worldwide.
As the global AI market is expected to reach $407 billion by 2027, Torque360 is committed to integrating AI into its platform to revolutionize the auto repair industry further. Salman’s leadership will continue to push the boundaries of innovation, positioning Torque360 as a leader in both automotive management software and fintech.
For more information about Torque360’s award-winning platform and future developments, visit Torque360.
Media Info
Contact Person: Salman Sarwar
Company Name: Torque360
Website: https://www.torque360.co/
Phone: +1 (917) 920-6645
Email: info@torque360.co
Address: 2055 Limestone Rd STE 200C WILIMGTON, DE 19808 United States