Tag: intellicar telematics

TVS Motor acquires vehicle telematics start-up Intellicar

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Two-wheeler maker TVS Motor Company has acquired Intellicar Telematics Private Ltd for an estimated sum of ₹15 crore. Bengaluru-based Intellicar Telematics Private Limited provides a one stop integrated IoT solution with fleet tracking and predictive maintenance solutions to a range of vehicle types. The Telematics startup is a technology focused data-driven organization in the connected…

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TVS acquires Intellicar Telematics for Rs. 15 Cr.

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TVS Motor Company, has acquired Intellicar Telematics, an IoT solutions company. The deal is valued at about Rs. 15 Cr., and is expected to complete by 31st December 2020. The deal is expected to help TVS accelerate it’s ongoing digital initiatives that are targeted at delivering enhanced customer experience. Intellicar was setup in 2015, and…

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