Vehicle Care says its providers are 40 p.c extra cost-competitive than a standard OEM service heart. The start-up is now laying the groundwork for the subsequent massive demand from Tier II and III markets.
see picturesVehicle Care goals to determine over 400 retailers in Tier II and III markets to fulfill the rising demand
With extra organized gamers within the used automotive enterprise and fleet operators, there’s a robust demand for after gross sales and repair assist. And that is the phase that Gurgaon-based Auto Care goals to faucet into within the auto sector. The start-up was established in 2017 and consists of 4 co-founders together with Amit Yadav, Arvind Verma, Inder Vikram Jeet and Alok Srivastava. Recently whereas speaking to carandbike, Arvind Verma elaborated on the automobile care plans and what makes them totally different from related gamers within the phase.
Read additionally: Citroen India Offers After Sales Services to Customers
Vehicle Care companions with native garages to increase its community throughout the nation
Vehicle Care is a technology-driven multi-brand automotive service platform that gives a one-stop resolution for all automotive homeowners. The model caters to the wants of each B2B and B2C clients, however the bulk of its enterprise comes from outdated clients. The model has tied up with pre-owned automobile aggregators in addition to insurance coverage firms to service autos. The start-up says its providers are 40 p.c extra cost-competitive than a standard OEM service heart. Currently, the corporate serves round 3,000 autos per 30 days which incorporates mass market and premium choices.
Speaking to carandbike, Arvind Verma, Founder – Vehicle Care, mentioned, “We are attempting to create an ecosystem within the aftermarket automotive area. Most of the opposite gamers are involved concerning the finish shoppers which is the retail sector. But The main phase is fleet, facet and pre-owned promoting automotive firms.”
At current, the automotive service market is round Rs 7,000 crore. The pre-owned automobile market in India is predicted to develop quickly. According to a examine by Indian Blue Book, the used automotive market might be 90 p.c greater than the brand new automotive market by FY2025. The pre-owned automobile phase is estimated to have bought round 71 lakh items by then. The firm is seeing a development of fifty% each month.
Vehicle Care is making ready to fulfill this enormous demand on the floor degree. The firm is presently working in over 70 cities with over 200 workshops. The enlargement plan consists of opening 400 retailers within the subsequent few months. It has lined main Tier I cities together with Delhi-NCR, Mumbai, Bengaluru, Hyderabad. But the subsequent wave might be from Tier II and III markets like Jaipur, Kanpur, Varanasi, Lucknow, Mathura, Kolhapur and others, the place the corporate is already seeing robust demand.
Arvind Verma says Vehicle Care works on 4 pillars – Affordability, Availability, Convenience and Transparency
Verma explains, “We are doing round 3,000 autos per 30 days. And post-Covid issues are nice for start-ups. Due to some well being causes and worry components, persons are shopping for used vehicles. Our perfect buyer He is the one who owns the automobile and the providers are out of guarantee from the OEM. The pre-owned market is rising in an excellent place, however the aftermarket phase can be rising in an excellent place.
“Due to web manufacturing, immediately’s clients are properly conscious of the practices. In phrases of transparency, we’ve a nationwide degree elements procurement course of and clients are made conscious of which pats we use. Where are you sourcing the elements? Besides that, we’ve to observe the method of insurance coverage firms and use solely OEM elements in repairs. We are taking a look at 50 p.c month-on-month development in 2021 are.”
Read additionally: Hero MotoCorp expands gross sales and repair community for Harley-Davidson in India
Verma says that Vehicle Care works on 4 pillars – Affordability, Availability, Convenience and Transparency. The crew consists of 120 folks and is headquartered in Gurgaon with regional workplaces and Bengaluru, Mumbai and Hyderabad.
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Verma elaborated that the corporate will quickly increase its operations to servicing two-wheelers as properly. “We are currently doing pilot services in Delhi-NCR. And by the end of 2022, it will be available in all major Tier I and metro cities.”
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With inputs from NDTV
