December 10, 2016 4:18 AM ET

Diversified Consumer Services

Company Overview of TVS Automobile Solutions Ltd.

Company Overview

TVS Automobile Solutions Ltd. offers car service, roadside assistance, extended warranty, insurance brokerage, tools and garage equipment, telematics, fuel stations, and commercial vehicle services. It offers engine, clutch and gear box, brakes, suspension and steering, AC and electric, wheel care, water wash, interior cleaning, exterior polishing, periodic maintenance, denting and painting, oil change, wheel alignment and balancing, accident repair, and mechanical repair services. TVS Automobile Solutions Ltd. was formerly known as MyTVS and changed its name to TVS Automobile Solutions Ltd. in February 2011. The company was incorporated in 2009 and is based in Chennai, India. TVS Automobile...

58/147, T K Kumurasamy Towers

Eldams Road

Teynampet

Chennai,  600 018

India

Founded in 2009

Phone:

91 44 6679 3222

Fax:

91 44 6460 6012

Key Executives for TVS Automobile Solutions Ltd.

Chief Executive Officer and President
Head of Human Resources
Compensation as of Fiscal Year 2016.

TVS Automobile Solutions Ltd. Key Developments

AA and TVS Automobile Solutions Limited Announce Roadside Assistance JV in India

AA plc announced that it has established a joint venture with TVS Automobile Solutions Limited to provide operational expertise to develop its roadside assistance business in India. TVS Automobile Solutions is the roadside assistance subsidiary of TVS & Sons. In addition to its roadside assistance business, the group manages a number of automotive businesses, including multi-brand car service garages and car dealerships, extended warranties and parts distribution. The AA will take a 49% share of the JV for an investment of £4 million. The JV will give the AA access to TVS's network and the opportunity to leverage the AA's operational expertise and strong existing relationships with car manufacturers in the market in India.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 23, 2016
Storeji Pvt. Ltd.
Merger/Acquisition
May 16, 2016
Europe Africa Distribution Limited
Merger/Acquisition
May 4, 2016
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