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, […]
Indian Bank, one of India’s leading public sector banks, has signed a Memorandum of Understanding (MoU) with Tata Motors, India’s largest commercial vehicle manufacturer to offer attractive financing solutions to Tata Motors commercial vehicle customers and authorised dealerships across the country. The bank will offer customised financial packages with competitive interest rates and streamlined credit […]
Aimed at revolutionizing the motor insurance landscape, Chola MS General Insurance, a joint venture between the Murugappa Group and Mitsui Sumitomo Insurance Company Limited of Japan, has entered into a strategic partnership with Toyota Tsusho Insurance Broker India Pvt. Ltd. (TTIBI), launching the innovative ‘Pay How You Drive’ (PHYD) insurance model. Designed exclusively for the Toyota Innova Hycross models, […]
Tata Motors, India’s largest commercial vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with ESAF Small Finance Bank, to offer attractive financing solutions to its commercial vehicle customers. Initially focused on Small Commercial Vehicles (SCVs) and Light Commercial Vehicles (LCVs), the partnership will expand to include financing for Tata Motors’ entire commercial vehicle portfolio. […]
Ashok Leyland, the Indian flagship of the Hinduja Group and country’s leading commercial vehicle manufacturer, signed a Memorandum of Understanding (MoU), with Bandhan Bank to enter into a strategic vehicle financing partnership for its customers. This MoU will enable both Ashok Leyland and Bandhan Bank to offer customized financial solutions to them. The MoU was […]
In its continuous effort to enhance customer experience and streamline car ownership experience through innovative solutions, Toyota Kirloskar Motor (TKM) today announced the signing of a Memorandum of Understanding (MOU) with Union Bank of India to enable comprehensive and accessible vehicle financing solutions. The partnership aims to offer innovative and attractive solutions curated to meet […]