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
India to Get China-spec Long-wheelbase BMW X5 in Late 2027
Based on a China-spec model with rear-seat space in mind, the SUV will adopt BMW's Neue Klasse design and arrive alongsi...
India Drafts Mandatory Cybersecurity, Software-Update Rules for Connected and Autonomous Vehicles
Draft MoRTH rules make cybersecurity (AIS-189) and software-update management (AIS-190) mandatory for M, N, T and other ...
Uber India and South Asia President Prabhjeet Singh Resigns Following Decade-Long Tenure
Top executive departs after leading ride-hailing operations through urban market expansions and the roll-out of diversif...


29 Feb 2024
4898 Views
Autocar India

Shahkar Abidi
Autocar Professional Bureau