AutoBrix acquires AI Based Auto Service Company Cartisan
India’s Leading Car Care Service provider AutoBrix has acquired Cartisan (owned by Xenon Automotive Pvt Ltd) to enter into the car periodic maintenance and repairs business. This acquisition adds unique value to AutoBrix customers to get Doorstep car services across India. Cartisan team has incredible experience in the auto services industry and loyal customer base including a large segment of premium and luxury car owners. By acquiring Cartisan, AutoBrix can leverage their experience and technology to establish itself as a reliable doorstep car service provider. Moreover, the founder of Cartisan, Venkat Sreeram will be joining the AutoBrix team as an advisor. His automotive industry experience would be valuable to establishing Autobrix car service and repairs vertical as a leading player in the market. With this acquisition AutoBrix will become the most data rich auto services company in India and can leverage data to provide personalized services to car owners across the country.
Intelligent Auto Services Platform – AI enabled
The acquisition of Cartisan will further add new technical capabilities to AutoBrix in the form of a unique Computer vision solution. The AI technology helps car owners automatically identify and assess the damage condition of their car by capturing images through Autobrix App and generate instant standardized estimates of the repair cost. This state of the art technology in addition to the image data collected by AutoBrix from its customers will change the way the car body repairs industry works. Allowing AutoBrix to provide transparent and efficient customer specific services and increase its knowledge of the auto service market. With this acquisition, customers can look forward to more convenient, reliable and personalized doorstep car services.
Investors talk by Aprameya Radhakrishna, Founder Taxi For Sure, Early stage investor in Cartisan
“The acquisition of Cartisan will enable Autobrix rapidly scale up their car services vertical and leverage experience and technology built by the Cartisan team over the last 5 years – to ultimately serve car owners better”
Pratibha Shalini, Founder, COO & CPO, said, “A strong product/service to our pre-establish user base or potential new users in new segment, these are the two most important parameters we look for in any company before acquiring and Cartisan brings both to AutoBrix, A strong AI product and an entry into a new segment of Luxury vehicle care. Our business is growing at a good speed and addition of Cartisan into AutoBrix will surely help us to fast track our journey to capture more market share.”
How AutoBrix survived through Pandemic:
There is a high demand of doorstep auto services due to Covid 19 pandemic which led to high quality on-demand doorstep car care services. AutoBrix was quick to understand the modified customer behaviour towards car care services and pivoted to the new model with ease. Now, AutoBrix provides contactless car care services at the doorstep through its mobile app.
Auto Services Industry:
Currently The Indian automobile industry stands one of the largest across the globe, contributing more than 7% to India’s GDP. This highly competitive auto sector set in motion an equally aggressive automotive servicing and repair industry in India is estimated to be worth $50 Billion USD market by the year 2025. Moreover, the rapidly growing presence and the arrival of big car brands in the country is driving the Indian car market towards becoming a world leader in the coming years.
