Shriram Automall generates transactions worth Rs 150 crore

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

29 Feb 2024 | 5110 Views | By Autocar Professional Bureau

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

Suprajit Engineering Q2 Profit Rises 5% To ₹53.4 Crore

Eshisha Java 07 Nov 2026

Suprajit Engineering reports a 21% increase in consolidated revenue for Q2 FY27, while higher expenses and a sharp decli...

SAEINDIA To Host APAC 23 Automotive Engineering Conference In New Delhi

Autocar Professional Bureau 07 Nov 2026

The November 13–14 conference is expected to bring together over 1,000 delegates, 500 mobility experts and 80 exhibitors...

Remsons Industries Q2 Revenue Rises 17%, Pre-Tax Profit Falls

Eshisha Java 07 Nov 2026

Remsons Industries reported higher consolidated revenue in Q2 FY27, but expenses grew faster, reducing pre-tax profit. C...

NEXT STORY