EPIKAR Selected for KB Financial Group’s Startup Acceleration Program
에피카, KB금융 스타트업 육성 프로그램에 최종 선정
Automotive sales and distribution digital transformation capabilities recognized as company joins “KB Starters”
Access to investment support, scale-up programs, sector specific mentoring, and collaboration opportunities with KB Financial Group
EPIKAR, led by CEO Han Bosuk, announced on the 10th that the company has been officially selected for KB Starters, the startup acceleration program operated by KB Financial Group, for the first half of 2023.
According to EPIKAR, KB Starters is an initiative run by KB Innovation Hub, designed to identify and nurture high potential startups demonstrating strong innovation capabilities and scalable growth prospects.
EPIKAR was ultimately selected based on its distinction as the only domestic startup pursuing comprehensive digital transformation across the automotive sales and distribution market, as well as for its advanced technology capabilities incorporating big data analytics, artificial intelligence (AI), and data-driven platform architecture.
Through the program, EPIKAR will receive a wide range of support from KB Innovation Hub, including:
Investment support
Participation in scale up programs linked with global accelerator networks
Professional mentoring across legal, tax, and accounting domains
Access to startup collaboration spaces located in Gangnam and Gwanak, Seoul
In addition, the company will be provided with opportunities for strategic collaboration with KB Financial Groupacross relevant business areas.
Han Bosuk, CEO of EPIKAR, stated:
“With the support of such a strong strategic partner, we will dedicate all of our capabilities toward building even more innovative and competitive services.
We also plan to actively accelerate our expansion into global markets, including the United States and Southeast Asia.”
Han added:
“EPIKAR develops and operates digital solutions essential to the automotive sales process, delivering them to automakers and dealership networks.
Representative customers include BMW Korea and its seven official dealer groups, which currently utilize EPIKAR’s digital solutions across key operations such as test-drive management and after-sales services (A/S).”