Business

myTVS raises ₹375 crore, to establish pan-India platform

myTVS, a digital platform for the automotive aftermarket, has raised ₹375 crore from a fund managed by Exor. The funds will be used to scale-up, , establish a pan-India platform and build its cloud-based digital infrastructure to become the largest B2C player in the segment, the firm said in a statement.

myTVS is working on a ‘Super app’ through which customers will have access to services including mechanical, collision and maintenance services, diagnostics, roadside assistance and insurance for their vehicles. Similarly, there will also be a spare parts platform that will aim to cater to the fragmented services garage market through e-ordering of spare parts and through its supply chain solutions.


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Printable version | Sep 17, 2021 7:43:03 AM | https://www.thehindu.com/business/mytvs-raises-375-crore-to-establish-pan-india-platform/article35947570.ece

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