TVS Automobile unveils digital subsidiary Ki Mobility
The online platform would offer quality, standardised and cost-effective service to owners of two-wheelers, passenger cars and commercial vehicles across the country.
Ki Mobility Solutions would raise funds to the tune of Rs 85 crore from Pratithi Investment Trust represented by trustee and Infosys co-founder Kris Gopalakrishnan and SeaLink Capital Partners (SCP).
The digital platform would give automobile entrepreneurs an opportunity to increase business, gain access to high- quality parts with better margins, link with a large pool of suppliers, among others.
“Launching Ki Mobility is a milestone moment in the Indian Automotive Aftermarket industry and equally a logical next step of our technology investments so far,” TVS Automobile Solutions, director, R Dinesh said in a company statement.
“We will fully leverage the cutting edge technology solutions and create a digital ecosystem for over 20,000 entrepreneurs to enhance their future relevance,” he said.
