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 icon4831 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
MathWorks Hosts MATLAB EXPO 2026 in Bengaluru to Highlight AI Driven Engineering Workflows

auther Autocar Professional Bureau calendar11 May 2026

The one day conference brought together over 1,300 participants to explore the practical adoption of generative artifici...

Dassault Sees Auto Suppliers Driving Next Digital Growth Wave

auther Darshan Nakhwa calendar11 May 2026

Dassault Systèmes India says the supplier ecosystem could offer a 50x digital opportunity, compared with a 10x opportuni...

DICV Pushes Deeper Into Product Development as CV Demand Shifts

auther Shahkar Abidi calendar11 May 2026

New engineering work targets fuel efficiency, drivability, safety and lower ownership costs