Gaadi.com influences 10% of new car purchases in India

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afaqs! news bureau
New Update

Company Brief

New Delhi, April 28 2009

India is witnessing an increasing shift in the online trend – from research to purchase, especially in auto sector. The websites are being gradually replaced from a search engine to an online shop. Gaadi.com, a subsidiary of Accentium Web Pvt Ltd, is speedily driving this trend in India.

According to Mr. Vivek Pahwa, CEO, Gaadi.com “We estimate that Gaadi.com already influences around 10% of the all new car purchases in the country. This is the future of car sales in a deal sensitive country like India where you need someone to aggregate supply as well as demand, and the ideal and fastest medium for that is through the Internet”.

The website has tie-ups with leading dealers for all brands including Maruti, Hyundai, Tata, Honda, Toyota, Skoda, and Ford. To even make it convenient for the users it offers interest rates for finance even lower than the dealers can.

Car buyers usually face the following challenges in their car buying process:

Visiting multiple dealers in order to get the best deal, knowing every dealer has a different discount running, makes it a tedious task.

Availability for a particular car model and colour is another tiresome task

Financial assistance

Gaadi.com takes these challenges out of the car buying process, making it easier for the user to crack the best deal, get the right car in the shortest time, all from the comfort of their home, with just few clicks.

To give users an additional advantage over other auto portals, Gaadi.com enable users maximize their value while selling their car to another individual online. They can get a paid listing for Rs. 750, which on average will fetch them at least Rs. 3000 more than they would get selling to a dealer

The website gets 10,000 plus visitors daily - this is in a short span of a year. The parent company, Accentium Web Pvt Ltd, closed this year at Rs 2 crore turnover and expects to touch Rs 10 crore by next year.  

For further information, please contact:

Perfect Relations

Kanika Mittal

Tel: 46667666

Email: kmittal@perfectrelations.com

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