Shriram Automall Receives Overwhelming Response At Auto Expo 2020

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New Delhi, India –
Key Highlights:
  • Shriram Automall witnessed massive footfalls of over 20,000 people at its stall
  • The company conducted over 20 demo auctions to provide the unique bidding experience to its stakeholders at Stall No. N25 in Hall No. 12
  • Over 2,000 customers participated at demo auctions to witness the thrilling bidding experience and won exciting goodies
  • Over 300 corporate business enquiries were generated
India’s largest eco-system for exchange of pre-owned vehicles & equipment, Shriram Automall India Limited (SAMIL) has received an overwhelming response at Auto Expo 2020. The company inaugurated its stall at Hall No. 12 & Stall No. N25 on February 06, 2020, with the presence of its visionary leaders and mentors namely Umesh Govind Revankar, MD, STFC and Sameer Malhotra, Director & CEO, SAMIL. On the inauguration day, Mr Sameer Malhotra addressed the media about its unique offerings.
Shriram Automall Group consists of SAMIL as the largest physical bidding platform, CarTradeExchange as the largest online bidding platform and Adroit Auto as a proactive service provider for inspection and valuation. Shriram Automall has also acquired BlueJack, an online car selling portal to transact yearly over 1.2 million cars worth over Rs. 30,000 Cr. Along with BlueJack, Shriram Automall would like to provide the best car buying & selling experience in India with innovative technology.
The main objective of Shriram Automall was to represent itself as the largest ecosystem and the best place for solutions relating to pre-owned vehicles & equipment to over 6 Lac visitors of Auto Expo 2020 by
  • Liquidating any kind of vehicles & equipment (including difficult to sell stock) with optimal price realisation through SAMIL’s Physical Bidding Platform and CarTradeExchange’s Online Bidding Platform 
  • Providing automotive Inspection & Valuation and Assets Verification & Certification through Adroit Auto
  • Serving parking facilities across India
  • Refurbishing inventories for better price realization
  • Delivering other holistic solutions like enterprise resource planning, white labelled solutions and seizing/repossession facilities 

Demo Auctions Conducted Across Vehicle Segments

The company conducted over 20 demo auctions across vehicle segments. These auctions helped the audience appreciate the unique, transparent and organized Auction Platform to exchange pre-owned vehicles and equipment in Auto Expo 2020. These demo auctions were a massive success with over 2,000 visitors winning attractive goodies. Demo auctions were also broadcasted at its official YouTube channel. 
Over 20,000 people visited the stall, neighbouring the Hero Electric stall. Nestled within EV stalls, SAMIL group’s omnichannel vehicle liquidation platform is ushering in the future.
Mr Sameer Malhotra, Director and CEO, Shriram Automall said “We have marked our grand presence at the Auto Expo 2020 as we have received an overwhelming response from our all stakeholders. We were glad to solve all kind of queries of media persons, our customers and first-time visitors. We assure to provide the best solution for pre-owned vehicles & equipment for acquiring and disposing of through our unique, trusted and transparent exchange platforms along with parking, refurbishment, documentation, enterprise resource planning, white labelled solutions and seizing/ repossession to make happy our customers and clients. While the automobile industry has gone through tough times, we have registered growth over 20%.”
The company also installed a selfie stand in the shape of a truck (which is the biggest business segment of the company) at its stall were over 1,000 visitors took pictures.

Shriram Automall Enters Into Industrial Auction Through 123done.In

Shriram Automall India Limited (SAMIL) enters into industrial auction in addition to its existing automobile industry by acquiring a majority stake in Augeo. SAMIL pioneered the click and mortar strategy now followed by start-ups across industries. The company provides first-of-its-kind organised platform with complete solutions through its online portal 123done.in to sell stressed assets like properties, plant & machinery, commodities and salvage/scrap/surplus assets. Augeo also provides transaction advisory and custodial services along with asset disposal facility. 123done.in also hosts e-selling, e-procurement and e-listing services.

SAMIL Utsav Celebration To Be Held On Feb 26, 2020

Shriram Automall India Limited (SAMIL) is all set to celebrate SAMIL Utsav on its 9th Business Anniversary on February 26, 2020, wherein the company will conduct 90 Physical Bidding Events across the country. The company invites all its stakeholders to visit their nearest Automall to buy & sell pre-owned vehicles & equipment.

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