ADVERTISEMENT

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

August 16, 2021 11:37 pm | Updated 11:37 pm IST - CHENNAI

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.

This is a Premium article available exclusively to our subscribers. To read 250+ such premium articles every month
You have exhausted your free article limit.
Please support quality journalism.
You have exhausted your free article limit.
Please support quality journalism.
The Hindu operates by its editorial values to provide you quality journalism.
This is your last free article.

ADVERTISEMENT

ADVERTISEMENT