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AUTO VALUE SYSTEMS PRIVATE LIMITED

Adyar, Tamil Nadu

DPIIT recognised Locality Automotive

In their own words

Auto Value Systems (AVS) intends to bridge the gap between the non-Internet, non-commerce practices in the Aftermarket for truck & bus spares. This is a highly unorganised sector where the small truck owner has to run around for parts and get them himself, and also struggle for funds if there is a major spares/repair requirement. No retailer or OEM services the small truck owner who constitutes around 75% of the market. We have got the systems in place to provide parts to the customer at his site, at an average time of 2 hours, with the best pricing and quality. This saves time and money to the small truck owner. This is the first time in the industry that someone is customer-centric and specifically caters tot he unserved segment of the truck aftermarket. We have tie-ups with TVS group (and others) for parts supply, and with Shriram Transport Finance for using their customer base with their active support. We use as much IT as the ecosystem allows today, but are ready for full automation in procurement. We have over 5000 registered customers and 1500 actual users. Currently our turnover is around 5 lakhs per month, and we are on course to reach 10 lakhs by March 2019. We have a lot of experience in the domain, apart from track record and expertise in starting and managing large companies. Presently situated in Chennai, and have plans to expand all over the South.

Written by the company on its public Startup India profile. Not verified by us.

What the record says

DPIIT recognition number
DIPP30782
CIN
U74999TN2016PTC112220
Incorporated (MCA)
2016
Registered on Startup India
2018
Self-declared stage
EarlyTraction
MCA status
Active
Company class
Private
Registrar
RoC-Chennai
Authorised capital
₹1,00,00,000
Paid-up capital
₹75,55,930

www.autovalue.co.in

Where this is

Locality

Adyar

Tamil Nadu

We know the area, Adyar, but not the address. The pin below covers roughly a kilometre.

Geocode confidence: low

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What we do not know

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