Shriram Automall generates transactions worth Rs 150 crore
Over 7,900 vehicles and equipment and other assets were sold in a single day.
Shriram Automall India (SAMIL), amongst India's largest phygital pre-owned marketplace for vehicles and equipment, has generated transactions worth Rs 150 crore at its 13th anniversary,
The event saw more than 120 auctions conducted in 120 cities across India, as per the press release.
More than 3,500 sellers across banks, NBFCs, insurance companies, OEMs and dealers, leasing, rental and aggregator companies participated in this event.
Over 7,900 vehicles and equipment and other assets were sold in a single day, the press release noted.
Sameer Malhotra, Director and CEO of SAMIL attributed the success of the event to SAMIL's facilities, customer-centric services, and innovative Phygital and Online Auction Platforms.
RELATED ARTICLES
Dana, Eaton Announce $5.1 Billion Tie-up of Mobility Divisions
It could not be immediately ascertained the extent of the impact the deal will have on the operations of both the compan...
VinFast India Appoints Shalabh Rajvanshi as Deputy CEO for Two-wheeler Business
Rajvanshi, a two-decade veteran of India's two-wheeler sector, brings dealer network expertise from Hero MotoCorp and ve...
KPMG: India Must Move Beyond E20 to Build a Resilient Ethanol Ecosystem
India's ethanol blending programme has reached a pivotal inflection point, requiring feedstock diversification, infrastr...


By Autocar Professional Bureau
29 Feb 2024
4876 Views

Sarthak Mahajan