Skip to main content

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 icon5021 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

Volvo Plans 13 New Models by 2030 in Largest Product Expansion in Company History

auther Angitha Suresh calendar19 Sep 2026

The Swedish automaker will split its line-up between Western and Chinese markets, offer both electric and hybrid powertr...

Kolkata Police Adds 183 Ultraviolette Electric Motorcycles to Its Fleet

auther Angitha Suresh calendar19 Sep 2026

The Kolkata Police has taken delivery of 183 units of the Ultraviolette X-47 Skyforce, a dedicated law-enforcement varia...

Mahindra Last Mile Mobility Named Finalist for 2026 Earthshot Prize

auther Angitha Suresh calendar19 Sep 2026

The Indian electric vehicle manufacturer is the only automotive company among 15 global finalists, with Mumbai set to ho...