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 icon4742 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
Exclusive: Toyota readies India product blitz as growth shifts from alliances to own platforms

auther Ketan Thakkar calendar04 Apr 2026

The automaker plans multiple new models, including the next-generation Innova HyCross, a C-segment SUV, updated Fortuner...

India’s CV Growth to Cool to Mid-Single Digits After 10-11% Surge in FY26: Crisil

auther Shahkar Abidi calendar04 Apr 2026

After a GST-driven 10–11% surge in FY26, India's commercial vehicle industry braces for moderate mid-single-digit growth...

Why Truck Financing Refuses to be Rushed

auther Shahkar Abidi calendar04 Apr 2026

NBFCs controlling 64% of commercial vehicle financing resist instant-approval pressure, targeting same-day turnarounds a...