Vehicle | Pixr8 News

28Mar By NitishNo Comments

FUNDING

GPS based Tracking Platform Raises $250000 Seed Funding

Roadcast, a GPS based social platform that lets you create and share journeys with your friends and family in real-time raises $250000 in an angel funding round. The funding will use to expand the operations across major cities in India, with a prime focus on states like Punjab, Rajasthan, MP, Maharashtra, Uttar Pradesh and Gujarat. Also, some part of the funding will help to boost the organization's R&D, product structuring, PR and advertising operations, while also helping it to grow in terms of members as well as infrastructure. (more…)

Droom Launches Droom History- India’s First Platform Which Provides Used Vehicles Data

23Dec By AdityaNo Comments

News

Droom Launches Droom History- India’s First Platform Which Provides Used Vehicles Data

In a move that once again underlines its pioneering status in the country’s automobile industry, Droom, India’s pioneering online automobile transactional marketplace, has announced the launch of Droom History. Droom History is an unbiased report which curates historical data available through various authorised data providers to deliver in-depth information about a vehicle’s background. Generated using Droom’s proprietary technology, the report will address issues related with a vehicle’s safety, trust, and value. Speaking on the launch, Sandeep Aggarwal, Founder & CEO, Droom, said, “Unlike USA and Western Europe, India is a low trust market, especially for used automobiles. Many aspects of a pre-ownedvehicle, such as ownership history, title dispute, and vehicle-related issues, ...

Mahindra Launches New Platform For Vehicle Auction

24Oct By Press Trust of IndiaNo Comments

News

Mahindra Launches New Platform For Vehicle Auction

Mahindra First Choice Wheels (MFCWL) today announced the launch of a platform that allows buyers to participate in traditional 'on the ground' used-car auctions via internet in real-time. The platform, True Time Bids will significantly improve efficiency of how vehicle auctions are conducted in India today, the company said in a statement. MFCWL ran a pilot project of True Time Bids with Kotak Bank prior to its launch. MFCWL Senior Vice President of e-Business B Ganeshkumar said: "The pilot launch of Truetimebids.com with Kotak has been extremely successful and we look forward to taking this platform to all our clients over the next few weeks. "Stating that the platform will fundamentally change the way vehicles are disposed at auctions, he added: "Our clients are continuously loo...

Mahindra Group Starts Using Internet-of-Things For Trucks & Tractors

22Oct By NitishNo Comments

News

Mahindra Group Starts Using Internet-of-Things For Trucks & Tractors

One of the largest tractor makers and commercial vehicle players in India, Mahindra Group has already started using the Internet-of-Things (IoT) project for placing sensors in its tractors and trucks for predicting possible breakdowns. According to the Strategy Head at the Group, Anish Shah, there will be sensors in tractors and trucks to predict failures of specific parts. There will be parts waiting for customers at service centres on the route subsequently. This will prevent breakdowns and time losses of drivers. The same technology can be applied for the automobile business too according to Shah. IoT facilitates sensor placement on machines and subsequent data collection for tracking and improving performance. The Mahindra Group has a stake in Cloud Leaf, a Silicon Valley start-up w...

Get My Parking Launches On-street Smart Parking Without Need of Sensors

14Oct By AdityaNo Comments

News

Get My Parking Launches On-street Smart Parking Without Need of Sensors

Get My Parking (GMP), a Chennai Angels funded venture started by IIT Madras and FMS Delhi alumni which has digitized the parking industry launches On-street Smart Parking. Despite the industry inertia they have revolutionized the parking industry. With 50,000 parking spots in Delhi and appreciation by honorable PM Narendra Modi for their work in Kumbh Mela, they are now market leaders in mobile-based smart parking technology. They have a strong foundation of team and technology and have partnerships with leading system integrators and parking hardware manufacturers. They are now working with several city municipal corporations to accelerate smart parking digitization and accomplish the mission to change urban mobility in India. Parking is a Complex Problem Delhi RTO registers 1600 ...