Singapore based vehicle assistance company ONB Technologies Pte Ltd which also known as 21North in India secures $7.4 Million (50 Crore INR) funding from Paris based global assistance firm Europ Assistance.
In India, 21North operates in 11 cities and seeks to expand services to 40 cities soon. They currently delivering services to 35,000 vehicles/month and projected to reach 100,000+ vehicles by the end of 2018.
The company have a path-breaking concept in the Auto After Sales Industry; aimed at solving every kind of existing problem of vehicle owners without sacrificing their valuable personal time in managing the vehicle needs.
Through its application 21North empowers dealers and workshops with technology solutions to deliver superior customer experience and achieve critical business performance metrics with a consultative approach.
Benoit Chaumette, CEO Asia of Europ Assistance Group said, “We are pleased to be formally engaged in a partnership with 21North. Their services provide a significant value proposition to Automobile OEMs, Dealerships, Workshops, and end Consumers by solving major pain and frustration points. We have invested in ONB based on our confidence in the core team, technology, operations capabilities, and their strong domain knowledge. With this partnership and expansion of product and solution capabilities, we are a step closer to completing our transformation into a Vehicle Ownership Lifestyle Assistance (VOLA) Company in Asia.”