India's expansive automobile after-sales market just saw a significant capital injection, with TVS Automobile Solutions closing a $44.2M Series d round. The funding comes from investors CE-Invests and Crescent Enterprises, backing one of the country's biggest players in the sector.
A part of the TVS Group, TVS ASL operates a broad ecosystem covering everything from parts distribution through TVS PartSmart and multi-brand car servicing via MyTVS, to roadside assistance and insurance broking. The company has spent a decade and invested significantly in technological innovation across its diverse aftermarket offerings.
