Shriram Automall India (SAMIL) has concluded ‘SAMIL Utsav 2026' a synchronised auction event held across its network in India. The company executed 135 live auctions simultaneously, generating over INR 1.95 billion in gross transaction value within a single day.

The event featured more than 19,000 pre-owned vehicles and equipment assets. A total of 8,500 transactions were completed, involving over 25,000 customers from 500 cities. The initiative saw participation from SAMIL group companies, including CarTrade Exchange, Adroit Auto and Augeo.

The auction included assets from segments such as two-wheelers, three-wheelers, passenger vehicles, commercial vehicles, farm equipment and construction machinery. These assets were sourced from banks, NBFCs, OEMs, insurance companies and leasing firms.

Since its inception in 2011 with a single facility, SAMIL has expanded to more than 135 locations. The company utilises a ‘phygital’ model, combining physical infrastructure with digital platforms to manage the pre-owned asset marketplace.

Sameer Malhotra, Director & CEO, Shriram Automall India (SAMIL), said, “The auction showcased a diverse portfolio including: two-wheelers & three-wheelers, passenger vehicles, commercial vehicles, tractors & farm equipment, construction & heavy equipment. Assets were sourced from leading Indian banks, NBFCs, OEMs, insurance companies, leasing firms, aggregators and dealers – strengthening India’s organised asset remarketing ecosystem.”

“SAMIL Utsav 2026 is a defining milestone in our 15-year journey. Conducting over 135 simultaneous auctions across India in a single day reflects the strength of our nationwide network and the deep trust placed in us by our buyers and sellers. From one Automall in 2011 to over 135 locations today, our growth has been driven by transparency, technology, and strong partnerships. Our phygital model has transformed India’s organised pre-owned asset marketplace. As we move ahead, our focus remains on expanding access, strengthening digital integration and creating sustainable value for every stakeholder in the ecosystem,” added Malhotra.

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Cars24 has announced the acquisition of Vehicle Info, an automotive utility application. The move is intended to facilitate the development of a vehicle ownership platform in India.

The acquisition signals a shift in strategy for Cars24, moving from a focus on buying and selling transactions toward managing the vehicle lifecycle. Vehicle Info provides users with tools to track insurance validity, traffic challans, FASTag balances and vehicle documentation within a single interface.

Vehicle Info was founded by Chirag Pipaliya in Surat. Developed without venture capital, the application was designed to address the daily management needs of car owners rather than one-time transactions. The platform currently ranks among the most used automotive applications in India for document compliance and utility tracking.

Vehicle Info will continue to operate as a standalone application. Its existing team will work with Cars24 to integrate these utility features into a broader ecosystem for car management.

The integration aims to consolidate fragmented services that vehicle owners typically manage across multiple platforms. By combining transactional data with ownership utility, the companies intend to create a system that serves users throughout the duration of vehicle possession.

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Roinet Insurance Brokers has announced the launch of Roinet Kavach, a digital motor insurance platform designed to increase insurance adoption in Tier III to Tier VI markets. The company expects 2.5x–3x growth over the next 6–12 months and is targeting a GMV of INR 1 billion by FY2027, with motor insurance projected to contribute 35 percent of revenue.

The platform utilises a network of over 70,000 rural touchpoints to reach first-time buyers, who currently represent 65 percent of the customer base. Primary growth has been recorded in Uttar Pradesh, Bihar, Rajasthan, Maharashtra and Tamil Nadu.

Roinet Kavach is a mobile-first interface designed for low-bandwidth environments. It allows Point of Sale Persons (POSPs) to generate quotes, compare premiums and issue policies in three minutes.

The platform currently integrates real-time pricing from ICICI Lombard, Chola MS, SBI General and Go Digit. At present, two-wheelers contributes 75 percent, private cars 15 percent and commercial vehicles 10 percent of policies, respectively.

The platform serves 1,000 POSPs in rural and semi-urban regions, providing them with vernacular support, renewal integration, and claims assistance. According to the company, the system creates a monthly income stream of INR 2,000 to INR 10,000 for these distributors through transparent commissions.

Future plans for the platform include the introduction of telematics-based risk scoring, electric-vehicle-specific products, and usage-based pricing models as regulations evolve.

Rahul Mathur, CEO, Roinet Insurance Brokers, said, “Roinet Kavach solves a real and persistent distribution gap in motor insurance by ensuring transparency, efficiency, and accessibility for millions of Indians who have never availed a policy before. By placing the right digital tools in the hands of our last-mile POSPs, who are our backbone, we are strengthening insurance reach in underserved markets and helping build financial resilience in regions the industry has long overlooked. It is a win-win for both the end customer and our POSPs.”

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Autorox, a digital repair shop network, and Boodmo, an automotive spare parts marketplace, have announced a strategic partnership to create a connected aftermarket ecosystem in India. The collaboration aims to link workshops, parts catalogues and sellers in real time.

At present, Autorox operates a network of 2,000 workshops in India and has a presence in 40 countries. The partnership focuses on a ‘Discovery First’ workflow, which embeds parts intelligence directly into the digital repair order used by technicians.

The system integrates a digital parts catalogue into the Autorox repair process. When a vehicle is diagnosed, the workshop can identify parts, verify fitment and check live inventory from sellers on the Autozilla platform without leaving the repair interface. This data is then surfaced to marketplaces like Boodmo.

This integration is intended to replace manual searches and external catalogue checks. By linking the repair order to live seller data, the companies aim to ensure that stock levels reflect actual inventory rather than cached data.

The companies stated that this launch is the first step in a broader partnership. Future phases are expected to include:

• Fulfillment Integration: Streamlining the delivery of parts from sellers to workshops.
• Ecosystem Data Sharing: Building an interoperable infrastructure for the Indian aftermarket.
• Automated Procurement: Linking diagnosis triggers directly to parts ordering.

Vijay Gummadi, Founder & CEO, Autorox, said, “India never waited for landlines or legacy banking - it leapfrogged straight to mobile and UPI. The aftermarket is at that same moment. Our partnership with boodmo is how we make that leap. By embedding real-time parts discovery directly into the repair workflow and linking it to live seller availability, we are eliminating guesswork and wasted time - and building a connected ecosystem that India's aftermarket has never had before.”

Oleksandr Danylenko, Founder, Boodmo, added, “By tapping into real-time availability from sellers, we are strengthening trust across the ecosystem and improving outcomes for workshops, sellers, and customers alike.”

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Assurance Intl has announced the relaunch of ACDelco, the automotive aftermarket brand owned by General Motors (GM), in the Indian market. The move follows a licensing and strategic partnership between the two companies.

Under the agreement, Assurance Intl will serve as the official licensee for ACDelco in India, managing the manufacturing, marketing and distribution of specific products. The initial range consists of automotive batteries and lubricants for passenger and commercial vehicles.

To support the relaunch, Assurance Intl has established production capabilities at its facilities in Hisar, Haryana. The site includes a battery manufacturing plant and a blending facility for engine oils and automotive fluids.

The company stated that local production is intended to manage pricing while adhering to the quality standards set by General Motors. Products will be supplied through a network encompassing distributors, retailers and workshops across India.

The partnership aims to address local market requirements while following GM’s global aftermarket strategy. The companies also intend to investigate the development of battery technologies and lubricants aligned with vehicle trends and sustainability.

Rakesh Sharma, MD, Assurance Intl, said, “This partnership is a natural synergy between ACDelco’s global legacy in automotive aftermarket solutions and Assurance Intl’s manufacturing expertise, quality experience and distribution capabilities in the Indian automotive sector.”

Mahesh Ravindran, Country Lead (India) - Commercial Operations of Chevrolet Sales India, added, “The relaunch of ACDelco automotive batteries and lubricants products in India through an official licensing arrangement is aligned with our global aftermarket brand strategy. Assurance Intl’s operational capabilities and understanding of local market requirements provide a strong platform for the ACDelco brand in the country.”

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