Allianz Partners India, a leading assistance and services company has partnered with CI Metrics, a predictive analytics and risk management company, to enhance its proactive roadside assistance breakdown solutions.

By integrating CI Metrics’ advanced weather prediction models and AI-driven insights, Allianz Partners India aims to anticipate and respond to automotive weather-related challenges, enhancing customer experience and operational efficiency.

This partnership marks combines Allianz Partners extensive experience with CI Metrics industry-leading technology that aims to enhance roadside assistance services.

As per the understanding, Allianz Partners India with access to real-time weather data and AI-powered predictive models, will be able to forecast breakdowns caused by adverse weather conditions, minimising disruption, and improving customer experience.

Accurate predictions will enable better planning and mobilising of the resources more effectively during weather-related incidents, ensuring faster response time and potentially reducing average wait time.

By offering more reliable and proactive services, Allianz Partners states it will reinforce its commitment to excellence and customer satisfaction.

Charu Kaushal, MD, Allianz Partners India said, “We are excited to partner with CI Metrics in this next phase of delivering unparalleled reliability for our valued customers. Leveraging CI Metrics’ advanced weather prediction models will allow us to anticipate breakdowns accurately and reduce the impact of weather anomalies on our customers during extreme weather conditions. This partnership aligns perfectly with our mission to provide peace of mind to our customers anytime, anywhere.”

Gagan Agrawal, Investor and Advisor at CI Metrics, added, “Allianz Partners longstanding reputation in roadside assistance services, combined with our state-of-the-art predictive analytics and AI-driven insights, will set a new standard. Our approach incorporates satellite and drone imagery, data fusion and ground up ontology stack, AI and deep learning to achieve high prediction accuracy for severe weather events.”

Reise Moto, a leading manufacturer of two-wheeler tyres in India and motorcycle apparels and accessories, has launched Reise-branded riding gear in the country.  

Under the Reise Moto branded gear the company has introduced jackets, gloves and pants designed specifically for the unique needs of Indian riders. It says they are crafted with optimal sweat control and CE-certified Level 2 armour for maximum protection. The new range also includes gear from the newly minted Reise X SPIDI collection designed in Italy and manufactured at SPIDI’s safety lab while leveraging their global expertise in protective gear, since 1977.

Yogesh Mahansaria, Founder, Reise Moto said, “Our goal is to provide international-quality products tailored to Indian riding conditions. We’re entering a space that has long been underserved in terms of both quality and awareness, and we are excited to fill that gap. The multi-brand strategy we've adopted will ensure we cater to different segments of the Indian motorcycling community, whether through the Reise Moto gear or via collaborations with global leaders like SPIDI.”

The riding gear range currently includes products for summer touring, urban riding and sport touring, with more categories expected to be added soon.

Each piece is designed with strategically placed pockets, providing convenient storage for essentials while riding. The gloves are equipped with enhanced grip features, providing improved handling and control to ensure a confident ride across all terrains.

Shares of ASK Automotive fell by 5.4 percent to its day’s low of INR 442.05 on the BSE on 26 September 2024 as the automotive supplier’s INR 5.16 million Offer For Sale (OFS) opened for subscription for the non-retail category.

The floor price for the issue has been set at INR 433 per share and 119,271 shares are available for subscription. At this price, the total size of the issue would come to is INR 5.16 million.

Claimed to be India’s largest manufacturer of brake shoes and advanced braking systems (ABS) for two-wheelers with a market share of about 50 percent in FY2022-23 in terms of production volume for OE and organised aftermarket, Delhi NCR-based ASK Automotive expanded its manufacturing footprint recently to supply to electric two-wheeler products from OEMs like TVS Motor Company, Ather Energy, Hero MotoCorp, Greaves Cotton, Bajaj Auto and Revolt.

While it increases its market share in what is considered to be an extremely competitive and ruthless market place, its promoter Kuldip Singh Rathee is said to be keen to sell a 6.05 percent equity position through an OFS on 27 September 2024.

myTVS, India’s largest digital automotive aftermarket platform, today launched its pan-India Mobility-as-a-Service (MaaS) platform for last-mile EV fleet operators. As a part of the launch, myTVS has made a strategic partnership with MoEVing, a leading EV-based logistics company in India.

The end-to-end service platform brings in the entire ecosystem partners, including OEMs, to provide an extensive range of services under one umbrella for the entire EV fleet life cycle. The platform enables smooth fleet operations with everything from leasing to real-time fleet administration, servicing, spare parts management, charging solutions (including portable chargers and myTVS charging stations), telematics, roadside assistance, insurance and tyre management. The platform also provides car refurbishing services to increase fleet efficiency and lifespan. 

Marking a transition from personal mobility to fleet mobility solutions, the ‘MaaS’ platform by myTVS will offer plug-and-play solutions to accelerate the electrification of vehicles, thus supporting the government’s push towards faster EV adoption and green mobility.

G Srinivasa Raghavan, Managing Director, myTVS, said, “The ‘MaaS’ platform is designed to meet the evolving needs of both personal mobility and fleet mobility customers, delivering efficiency and ensuring sustainability. The quick commerce companies are exploring electric vehicle fleets to optimise costs and meet their sustainability goals, and myTVS is well positioned to lead this transition. We are the only service network with a strong pan India presence with over 1,000 outlets to provide seamless service delivery across the nation under one platform for fleet operators. Besides, our extensive service offerings like 24/7 telematics, Network Operations Centre (NOC) and diagnostic services will ensure maximum vehicle uptime. This will also bring the cost economics into play, providing a win-win solution for both the OEMs and the operators. With over one million customers across India, myTVS is one of the fastest-growing aftermarket service providers in India. We aim to add another 2,500 outlets in the next two years and grow our market share to 10-12 percent.” 

Vikash Mishra, CEO, MoEVing, added, “At MoEVing, we have always believed that building the right ecosystem partnerships is key to accelerating EV adoption in India. The launch of the ‘MaaS’ platform by myTVS addresses a critical need in the market, offering a comprehensive solution that aligns with our mission. By leveraging myTVS’s extensive service network and technology, this collaboration will allow us to provide customers better service while expanding our national footprint."

Bobba Group, a leader in logistics and supply chain solutions, has launched Bobba Projects, its groundbreaking initiative aimed at transforming space planning, project management and supply chain consulting.

The initiative combines cutting-edge technology and industry knowledge to provide creative solutions that improve operational effectiveness and sustainability across sectors. Through this initiative, Bobba Group will be at the forefront of logistics innovation, assisting companies in meeting operational goals and adjusting to the demands of a market that is changing quickly.

With an emphasis on logistics optimisation and supply chain mapping, Bobba Projects provides a wide range of services intended to maximise space utilisation and streamline operations through the use of cutting-edge visualisation tools and data-driven insights to improve decision-making and increase productivity. Bobba Projects assists businesses in streamlining operations, lowering risks and promoting sustainable growth by examining every step of the supply chain, from procurement to final delivery. The Bobba Projects team offers strategic planning and customised project management solutions that guarantee smooth execution and on-time completion from the very beginning of conceptual design to the very end. Bobba Projects provides turnkey project management as well as professional real estate consultancy, including strategic advice on asset management, property acquisition and market navigation.

Sharing her perspective on the initiative, Chandrakala Bobba, Director of Bobba Group, said, “The launch of Bobba Projects represents a significant advancement for our group. This initiative combines our extensive industry expertise with cutting-edge technology to address the evolving needs of businesses today. We are committed to building partnerships that drive operational excellence and sustainable growth, empowering our clients to navigate the complexities of modern logistics with confidence.”