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
Spiro Appoints Former Indofast Energy CEO Anant Badjatya As Group CEO
The appointment follows Spiro’s recent US$215 million funding round and comes as the company expands its electric mobili...
BYD to Enter Plug-In Hybrid Segment in India with New Seal U This Year
The Chinese automotive major introduces its DM-i 'electric-first' architecture to the domestic passenger vehicle market ...
BYD Unveils DM-i Plug-In Hybrid Technology in India
The Chinese automaker has introduced its electric-first plug-in hybrid system to the Indian market, offering a claimed c...


By Autocar Professional Bureau
29 Feb 2024
4872 Views

Kiran Murali
Sarthak Mahajan