NEW DELHI -- myTVS, an online aggregator for auto repair and maintenance in India, has raised about 375 million rupees ($50 million) from a fund managed by Italian holding company Exor.
The company will use the funds to expand its online-to-offline business model, establish a pan-India platform, and build cloud-based digital infrastructure as it aims to become the largest business-to-consumer player in the automotive aftermarket, according to a myTVS statement.
