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CredR partners with TVS

MediaInfoline August 23, 2016
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CredR, India’s most trusted online marketplace for pre-owned two-wheelers in association with TVS, launches the ‘TVS Jupiter Mega Exchange Carnival’ in Bangalore and Delhi starting 16th to 31st August, 2016. This Exchange Carnival will enable customers to avail guaranteed two-wheeler exchange in 15 minutes at assured best price along with additional facilities including lucrative Finance Deals and Instant Down payment on new bike purchase.

TVS Customers can avail these exchange benefits on a TVS Jupiter two-wheeler, across 50+ TVS showrooms in Bangalore and Delhi. CredR, as exclusive exchange partner, will facilitate easy sell and exchange at these outlets.

CredR, being a tech platform will inspect every two-wheeler in detail, after which the bike will get listed on the CredR Connect app for bidding by CredR Entrepreneurs. The app expands the reach to many CredR Entrepreneurs and ensures the best price through a proprietary valuation algorithm. This algorithm uses real-time data from various hyperlocal transactions combined with the price figure quoted by different CredR Entrepreneurs. This will ensure transparency in the process and thus increase conversions for TVS.

On the launch of the ‘TVS Jupiter Mega Exchange Carnival, Aniket Harsh, Head – Institutional Exchange at CredR, said “It’s always been a pleasure to associate with TVS, one of the largest two-wheeler manufacturers in India. We are very optimistic about the TVS Jupiter Mega Exchange Carnival to create a much higher buzz among our customers. Such partnerships help us to closely engage with our customers and offer the best deal to them in the market”.

Aniruddha Haldar, Vice President – Marketing (Scooters), TVS Motor Co. Ltd., said, “This Jupiter Exchange Program is a very special customer initiative launched by TVS, to provide a transparent and fair value exchange deal to any existing two-wheeler owner. For the key markets of Delhi and Bangalore, we wish to provide a speedy and convenient access, of the exchange quote to the customer by partnering with CREDR, who are the app based technology providers. I am sure this opportunity would be attractive to prospective Jupiter consumers and we look forward to welcome them into our 1MN strong Jupiter family”.

CredR further plans to scale this model to 30 cities in the next four quarters.

 

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