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SHRIRAM AUTOMALL PRESENTS NEW BUSINESS MODEL WITH SAMIL MINI AUTHORISED SALES POINT IN NOIDA

Topics: NBFCs | vehicles | auction
January 17, 2023
Press Release

January 17, 2023: Shriram Automall India Limited (SAMIL) is India's Largest Phygital Pre- owned Marketplace for Vehicles & Equipment. Over the last 11 years, SAMIL has achieved countless milestones with 120+ Automalls at 120+ locations conducting more than 3,000 bidding events every month. It makes the company a great place to quickly buy or sell used Vehicles & Equipment across all segments. 

Intended to provide transparent & easy vehicle auction service in Noida, SAMIL inaugurated SAMIL MINI, an authorised retail point for used Vehicles & Equipment. At present, SAMIL has 1 full-fledged Automall in the Noida region and with the addition of SAMIL Mini Authorised Retail Point; SAMIL is targeting to boost its presence in the area. 

SAMIL MINI Noida is strategically located at 1st Floor, Multilevel Parking, Near Botanical Garden Metro Station, Pillar No 91, Yellow Zone, Noida - 201303 which is one of the prime locations in the area. 

SAMIL Mini is a thoughtfully designed business model which will focus on the transparent auction process, power of choice, fair prices and ease of bidding for its customers. Apart from this, a complete provision of all SAMIL services has been done that includes documentation, logistics, insurance, finance, inspection and valuation. SAMIL Mini will help used vehicle dealers, small business owners as well as end customers to purchase used Vehicles & Equipment without hassle. 

The Authorised Retail facility promises complete solutions for used Vehicles and Equipment- related needs of Banks, NBFCs, Insurance Companies, OEMs & Dealers, Leasing, Rental & Aggregator Companies, Brokers, Transporters, Contractors and End users in the area. Available in the SAMIL Mini Noida will be a wide range of pre-owned cars, different types of commercial vehicles, construction equipment, farm equipment, three-wheelers, two- wheelers and more, which are the need of the hour in the targeted region. 

At the inauguration event, Sameer Malhotra, Director & CEO, Shriram Automall said “We are glad to launch our brand new business model with SAMIL MINI which is SAMIL Authorised Retail point for used vehicles & equipment. At SAMIL MINI, our customers will get complete solution of pre-owned under a single roof. Additional services such as documentation, logistics, insurance, finance, inspection and valuation will make the purchasing experience much easier. This new concept has been thoughtfully designed to make it easier for used vehicle dealers, small business owners and end customers to purchase used vehicles & equipment right in the heart of city.” 

ABOUT SHRIRAM AUTOMALL INDIA LIMITED (SAMIL): 

Shriram Automall India Limited (SAMIL), an ISO 9001:2015 certified company, is India's Largest Phygital Pre-owned Marketplace for Vehicles and Equipment. SAMIL began its journey in 2011 by setting up India's first professionally managed and organised Auction Platform for buying and selling pre-owned cars, commercial vehicles, construction equipment, farm equipment, three- wheelers, two-wheelers, etc. 

Backed by CarTrade Tech Limited and Shriram Finance Limited, SAMIL has over 1,700 employees and more than 120 Automalls across India. SAMIL conducts thousands of auction events every month through its Phygital platforms (Automalls) and online platforms cartradeexchange.com & bids.samil.in. SAMIL also provides vehicle inspection and valuation services through Adroit Auto, innovative car buying and selling experience through BlueJack, precise used vehicles & equipment pricing through ThePriceX and industrial auction of properties, plant and machinery, commodities, and scrap, salvage and surplus assets through 123done.in.

SAMIL MINI Noida
Address: SAMIL MINI Noida. 1st Floor, Multilevel Parking, Near Botanical Garden Metro Station, Pillar No 91, Yellow Zone, Noida - 201303. 

For more information, please contact: 

Mrs Vibha Sarin Prabhakar
Chief Experience Officer 
Shriram Automall India Limited (SAMIL)
7th Floor, Best Business Park, Netaji Subhash Place, Pitampura, Delhi – 110034 Tel: +91.11.42414422
Fax: +91.11.42414444
E-Mail: contact@samil.in
Website: www.samil.in