Citroën India announced a strategic partnership with Oriental Insurance Company, one of India’s most trusted public sector insurers, to further enhance its customer-centric insurance offerings. This collaboration is aimed at simplifying the insurance journey for Citroën customers—making policy purchase more convenient and claim settlement quicker and more efficient. By reducing paperwork and enabling early settlement […]
VinFast Auto India, the Indian arm of global EV maker VinFast, has signed a Memorandum of Understanding (MoU) with ICICI Bank to provide auto and inventory financing solutions for its exclusive dealer network. The partnership aims to make owning VinFast’s newly launched VF 6 and VF 7 electric vehicles more convenient and accessible for customers […]
Piaggio Vehicles Pvt Ltd (PVPL), a 100% subsidiary of the Piaggio Group and India’s leading manufacturer of small commercial vehicles, has announced a retail finance partnership with Hinduja Leyland Finance (HLF), one of India’s leading NBFCs. The collaboration aims to streamline vehicle financing and accelerate ownership of Piaggio’s three-wheelers, including Electric and Internal Combustion Engine […]
VinFast Auto India, a subsidiary of global EV brand VinFast, has signed a Memorandum of Understanding (MoU) with State Bank of India (SBI), the nation’s largest bank, to provide retail car financing through its exclusive dealer network. The agreement aims to offer a seamless suite of credit solutions ahead of the company’s highly anticipated launch. […]
Ashok Leyland has signed a Memorandum of Understanding (MoU) with Tamil Nadu Grama Bank to enter into a strategic vehicle financing partnership to provide customized loan options and enhance accessibility for commercial vehicle customers across Tamil Nadu. The MoU was signed by Mr. Viplav Shah, Head-LCV Business, Ashok Leyland, and Mr. Kannan Ponnuraman, General Manager, Tamil […]
Cholamandalam MS General Insurance Company Ltd., a joint venture between the Murugappa Group and Mitsui Sumitomo Insurance Group, has announced the inauguration of its new, company-owned zonal office at the World Trade Centre, New Delhi. Set up with an investment of ₹65 crore, the new facility marks a significant step forward in Chola MS efforts […]
Scania Commercial Vehicles India Pvt. Ltd. has announced strategic service agreements with leading finance facilitation companies to improve financing accessibility for customers in the mining, infrastructure, and transport sectors. This collaboration integrates financial solutions into the vehicle purchase journey, making Scania’s high-performance vehicles more accessible, accelerating Solutions Sales growth, and reinforcing the company’s customer-first approach […]
CRED has introduced a new car valuation and resale feature within CRED Garage, its all-in-one vehicle management platform. Developed in partnership with CARS24 and Spinny, this service allows members to get an instant valuation of their car, book a free doorstep inspection, and complete the sale with instant payment—all while ensuring complete privacy until the […]
Maruti Suzuki India Limited (MSIL), today, announced the signing of a Memorandum of Understanding (MoU) with Standard Chartered for inventory funding. This new alliance will empower over 4000+ Maruti Suzuki sales outlets across the country, with comprehensive inventory funding options for their working capital requirements. The MoU was signed in the presence of Mr. […]
Revfin, India’s leading digital lending platform for sustainable mobility, has announced the appointment of three senior leaders as part of its bold expansion strategy. With sights set on ₹5,000 crores in disbursements by 2027, the company is gearing up for 5X growth over the next two years, positioning itself as a dominant force in India’s […]
Ashok Leyland, the Indian flagship of the Hinduja Group and country’s leading commercial vehicle manufacturer, signed a Memorandum of Understanding (MoU) with Indian Bank to provide channel finance facilities for M&HCV dealers. This collaboration aims to deliver customized financial solutions benefitting Ashok Leyland’s channel partners. The MoU was signed by Mr. C. Neelakantan, Head – […]
Ashok Leyland, the Indian flagship of the Hinduja Group and country’s leading commercial vehicle manufacturer, signed a Memorandum of Understanding (MoU), with Nagaland Rural Bank to enter into a strategic vehicle financing partnership for its customers. This MoU will enable both Ashok Leyland and Nagaland Rural Bank to offer customized financial solutions to the customers. […]
Poonawalla Fincorp Limited (PFL), a Cyrus Poonawalla Group promoted NBFC, focused on Consumer & MSME Lending, has expanded its product suite with the launch of its Commercial Vehicle (CV) Secured Loan Business. This new offering aims to bolster the essential logistics and supply chain sectors, by enhancing transportation capabilities for CV operators. The loan covers Small, […]
Ashok Leyland, the Indian flagship of the Hinduja Group and country’s leading commercial vehicle manufacturer, signed a Memorandum of Understanding (MoU), with ESAF Small Finance Bank to enter into a strategic vehicle financing partnership for its customers. This MoU will enable both Ashok Leyland and ESAF Small Finance Bank to offer customized financial solutions to […]
Warivo Motor Pvt Ltd, a leading Indian manufacturer of electric two-wheelers in India, has partnered with Shriram Finance in a strategic effort to make electric vehicles (EVs) accessible to all. Warivo expects this initiative to boosts its reach in the under-served segments of the market in the coming months. Speaking on the association, Mr. Yuvraj Garg, […]