December 07, 2016 10:32 PM ET

Internet Software and Services

Company Overview of MXC Solutions India Pvt. Ltd.

Company Overview

MXC Solutions India Pvt. Ltd. operates an online auctions platform to buy and sell new and used vehicles. Its platform enables users to carry out vehicle evaluations through their mobile phone, check used car buying index, and upload photos and evaluation reports online; and get reports on customers whose insurance is due for renewal/upgrade, and finance customers due for top up loans. The company’s platform also provides listings; and enquiries of customers wanting to purchase new and used vehicles. In addition, it offers lead management tool that helps users to track enquiries with follow up dates and reminders on due dates; and Dealer Management System, a software solution that addresses ...

301, Lloyds Centre Point

Above Tata Motors Showroom

Unit No. 31 & 32

1096A Appasaheb Marathe Marg, Prabhadevi

Mumbai,  400025

India

Founded in 2000

Phone:

91 22 6129 1700

Key Executives for MXC Solutions India Pvt. Ltd.

Founder and Chief Executive Officer
Age: 46
Co-Founder
Age: 46
Head of West and East - Fleets
Business Head of Exchange
Age: 63
Online Head
Compensation as of Fiscal Year 2016.

MXC Solutions India Pvt. Ltd. Key Developments

Cartrade.com Presents at UBS Global Technology Conference 2016, Nov-14-2016

Cartrade.com Presents at UBS Global Technology Conference 2016, Nov-14-2016 . Venue: The Ritz-Carlton, San Francisco, California, United States. Speakers: Vinay Sanghi, Founder and Chief Executive Officer.

MXC Solutions Eyes Acquisitions

MXC Solutions India Pvt. Ltd. is seeking acquisitions. The company is looking to make a string of acquisitions in the coming months. This could be the acquisition of some direct selling associate or non-banking financial companies (NBFCs). MXC, which has 2,000 people on its rolls, is looking to add another 1,000 this year.

CarTrade Seeks IPO By 2019

CarTrade.complans to list in three years. Cartrade.com is readying for public listing as it consolidates its acquisition of fellow auto portal Carwale and targets further growth, both organic and through M&As. Vinay Sanghi, Chief Executive Officer and founder of CarTrade.com said, "We plan to list in 3 years as we have reached a critical mass with acquisition of Carwale," The Times of India reports.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
January 12, 2016
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