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Mahindra First Choice Wheels acquires business assets of Autorisk Management Services Pvt. Ltd

India Blooms News Service | | 14 Oct 2015, 06:50 pm
Mumbai, Oct 14 (IBNS) : Mahindra First Choice Wheels Ltd. (MFCWL), a multi-brand certified used car company, on Wednesday acquired the business assets of Autorisk Management Services Pvt. Ltd.

Autorisk Management Services is a leading player in the pre-insurance inspection services business in India. With this acquisition, MFCWL enhances its inspection capability and reach across India. These capabilities will add to Autoinspekt, MFCWL’s industry leading vehicle inspection services.

Autoinspekt,  is used by a wide array of clients for inspecting and valuing used vehicle assets including passenger cars, utility vehicles, commercial vehicles and tractors.

“We are delighted to move forward with the acquition of Autorisk’s assets and welcome them aboard Mahindra First Choice Wheels. This will enable us to provide vastly enhanced coverage, quality and efficiency of inspection services to our dealers and clients”, said Rajeev Dubey, CEO, Aftermarket Sector, Group President, HR & Corporate Services and Member, Group Executive Board.

“Vehicle inspections is a growing service for us and we believe the addition of Autorisk’s capability, will support our overall growth agenda by adding a new and diversified client base with an enhanced resource footprint”, said Nagendra Palle, CEO & MD, Mahindra First Choice Wheels.

“Autorisk brings over a decade of experience in pre-insurance vehicle inspections. We see an opportunity to leverage their experience in diversifying and growing Autoinspekt while adding resources across India to serve our clients better”, said B. Ganeshkumar, Senior Vice-president, eBusiness, Mahindra First Choice Wheels Ltd.

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