Carnation Auto

Carnation Auto
Private
Industry Automotive
Founded 2008
Headquarters Noida, India
Key people
 Jagdish Khattar
Products Used Cars, Car Servicing
Services Car Service, Car Breakdown Service, Car Repair
Website http://www.carnation.in/

Carnation Auto is a multi-brand automotive sales and service company headquartered in Noida, India.

History

Carnation Auto was founded by former Managing Director of Maruti Udyog Limited, Mr. Jagdish Khattar in the year 2008.[1] In 2009, Carnation collaborated with DC Design to promote customized mass segment cars in India.[2] In the year 2010, Carnation Auto launches its online marketplace for used cars.[3] On November 7, 2013, Carnation opens India's largest pre-owned car showroom in Noida.[4]

Funding

Carnation Auto has raised funding of Rs.108 crore from PremjiInvest and IFCI ventures.[5] Carnation Auto announced the completion of its 2nd round of Rs. 85 crore from Gaja Capital for expanding Carnation hubs across India.[6]

Products and Services

Carnation auto allow customers to buy, sell and exchange pre-owned cars in India.[7] Carnation also provides car repair and service for all brands of cars (multibrand car repair),[8] as well as car detailing services and products. Carnation also provides Insurance and Renewal Claims services,[9] and 24*7 car breakdown service across India. This service is also known as CARE (Carnation Assistance for Roadside Emergencies).[10]

Other services provided include Workshop on wheels, which is a doorstep car servicing facility.,[11] and Carnation franchisee tie-ups.[12]

References

  1. ↑ Mishra, Ashish (19 October 2012). "Ex-Maruti Man Jagdish Khattar Aims High with Carnation". Retrieved 21 December 2013.
  2. ↑ "DC Design, Carnation tie up for mass segment". 22 September 2009. Retrieved 21 December 2013.
  3. ↑ Tiwari, Rituraj (14 October 2010). "Carnation to set up Web marketplace for used cars". The Economic Times (India). Retrieved 21 December 2013.
  4. ↑ "Carnation opens India's largest used car showroom in Noida". 7 November 2013. Retrieved 21 December 2013.
  5. ↑ "Premji firm to invest Rs 80 cr in Khattar's company". Business Standard (India). 1 October 2008. Retrieved 21 December 2013.
  6. ↑ "Carnation Auto® Closes Second Round of Funding". The Telegraph (Calcutta, India). 29 February 2012. Retrieved 21 December 2013.
  7. ↑ Jagdish Khattar, Jagdish. "Evolution of India’s used car industry". Retrieved 21 December 2013.
  8. ↑ Kanth, K Rajani (30 August 2011). "Multi-brand car servicing biz set to grow". Business Standard. Retrieved 21 December 2013.
  9. ↑ Press Trust of India (10 November 2013). "Carnation Auto scale up insurance broking business". Business Standard. Retrieved 21 December 2013.
  10. ↑ Mahesh, Prashant (11 July 2013). "Car manufacturers offer 'roadside assistance' to beat breakdown blues". The Economic Times. Retrieved 21 December 2013.
  11. ↑ "Carnation Auto launches Workshop-on-Wheels". MSN. 9 December 2009. Retrieved 21 December 2013.
  12. ↑ "Carnation looking at franchisee model for used-car segment". Business Line. 12 September 2013. Retrieved 21 December 2013.

External links