Quiklyz, the vehicle leasing and subscription platform of Mahindra & Mahindra Financial Services has announced expansion of its services in five additional cities – Ahmedabad, Kolkata, Manesar, Faridabad and Ghaziabad. With this the company now offers its services in 13 cities across India.
Launched in November 2021, Quiklyz allows customers to own a white-number plate vehicle on a fixed monthly rental. The customer does not have to pay any deposit and the rental also takes care of registration, insurance, scheduled and unscheduled maintenance along with road-side assistance. The company is planning to expand its presence in 30 cities over the next 3 months.
Turra Mohammed, SVP and Business Head, Quiklyz said, "We have seen very good traction since our launch both with our retail subscription product through Quiklyz.com and our corporate lease products. With shift in consumer mindset and more openness towards flexible vehicle ownership models, we are very excited to rapidly take Quiklyz across many more cities”.
Under the corporate segment, Quiklyz aims to offer services to and fleet operators, while in the retail segment the company will offer services to a wide range of customers, especially millennial mindset salaried and self-employed individuals.
At present, the company offers a choice of IC-engine and electric vehicles on its leasing and subscription platform. The vehicles from leading OEMs including Mahindra, Tata Motors, Mercedes-Benz, MG, Audi, and Jaguar.