Shriram Automall generates transactions worth Rs 150 crore

Over 7,900 vehicles and equipment and other assets were sold in a single day.

Autocar Professional BureauBy Autocar Professional Bureau calendar 29 Feb 2024 Views icon3718 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
 Shriram Automall generates transactions worth Rs 150 crore

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
Apollo Tyres To Cease Production At Enschede Plant Amid Rising Costs And Market Shifts

auther Shahkar Abidi calendar25 Apr 2025

Indian manufacturer plans to wind down the Netherlands operations by summer 2026.

Ather Energy Raises Rs 1,340 Crore from Anchor Investors ahead of IPO

auther Shruti Shiraguppi calendar25 Apr 2025

SBI Mutual Fund schemes picked up around 23.1% of the total shares purchased by anchor investors, while Aditya Birla Sun...

Maruti Suzuki to Equip All Cars with Six Airbags This Year, Says Chairman Bhargava

auther Prerna Lidhoo calendar25 Apr 2025

"From a safety point of view, the government was very keen that six airbags should be in all cars. We will implement thi...