Volkswagen Finance Pvt. Ltd. (VWFPL)India has recently entered into a strategic alliance with Kuwy Technology Service Pvt Ltd. by picking up a 25% equity stake in the latter.
Kuwy Technology is one of India’s leading instant lending digital platform and through this alliance which came into effect on September 3, 2019, Volkswagen Finance Pvt Ltd will now have access to Kuwy’s pan India network on car financing. The acquisition of stake is also in line with the India 2.0 strategy of VWFPL in a quest to offer better value to the consumer.
VWFPL’s association with Kuwy will help improve efficiency in processes and reduce the loan processing time making it a win-win for both dealers and customers. The alliance will also offer finance, insurance and warranty products for Volkswagen group customers on Kuwy platform.
BMW Group India is accelerating its network expansion in the Delhi NCR region with the opening of Bird Automotive’s third showroom in Gurugram. Situated at Trilium Avenue, Sector 29, Gurugram Haryana,...
Following to the launch of the Tesla Center in Gurugram, Tesla has now announced the opening of its first Tesla charging station in Gurugram at DLF Horizon Center.
Dylect, one of India’s fastest-growing lifestyle tech brands, has announced the launch of Flow Prime, a powerful yet compact pressure washer designed to bring professional-grade cleaning into everyday...