December 01, 2020 10:29 pm | Updated 10:29 pm IST
Facade of TVS Motor Company two wheeler plant at Hosur. Photo: Special arrangement
TVS Motor Co. Ltd. has acquired Bengaluru-based Intellicar Telematics Pvt. Ltd. for ₹15 crore. The deal is expected to be completed by December 31. Intellicar provides advanced IOT-based fleet management solutions through an integrated platform powered by IoT technologies coupled with analytics and data management capabilities, said TVS Motor in a regulatory filing.
It will help accelerate digital initiatives at TVS Motor Co. that are aimed at delivering enhanced customer experience, it added.
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