“The Exchange carnival will be held in Bangalore and Delhi starting August 16 – 31, 2016”
CredR, India’s most trusted online marketplace for pre-owned two-wheelers in association with TVS, launches the ‘TVS Jupiter Mega Exchange Carnival’ in Bangalore and Delhi starting 16th to 31st August, 2016. This Exchange Carnival will enable customers to avail guaranteed two-wheeler exchange in 15 minutes at assured best price along with additional facilities including lucrative Finance Deals and Instant Down payment on new bike purchase.
TVS Customers can avail these exchange benefits on a TVS Jupiter two-wheeler, across 50+ TVS showrooms in Bangalore and Delhi. CredR, as exclusive exchange partner, will facilitate easy sell and exchange at these outlets.
CredR, being a tech platform will inspect every two-wheeler in detail, after which the bike will get listed on the CredR Connect app for bidding by CredR Entrepreneurs. The app expands the reach to many CredR Entrepreneurs and ensures the best price through a proprietary valuation algorithm. This algorithm uses real-time data from various hyperlocal transactions combined with the price figure quoted by different CredR Entrepreneurs. This will ensure transparency in the process and thus increase conversions for TVS.
On the launch of the ‘TVS Jupiter Mega Exchange Carnival, Aniket Harsh, Head – Institutional Exchange at CredR, said “It’s always been a pleasure to associate with TVS, one of the largest two-wheeler manufacturers in India. We are very optimistic about the TVS Jupiter Mega Exchange Carnival to create a much higher buzz among our customers. Such partnerships help us to closely engage with our customers and offer the best deal to them in the market”.
Aniruddha Haldar, Vice President – Marketing (Scooters), TVS Motor Co. Ltd., said, “This Jupiter Exchange Program is a very special customer initiative launched by TVS, to provide a transparent and fair value exchange deal to any existing two-wheeler owner. For the key markets of Delhi and Bangalore, we wish to provide a speedy and convenient access, of the exchange quote to the customer by partnering with CREDR, who are the app based technology providers. I am sure this opportunity would be attractive to prospective Jupiter consumers and we look forward to welcome them into our 1MN strong Jupiter family”.
CredR further plans to scale this model to 30 cities in the next four quarters.
CredR is an online marketplace for buying and selling of pre-owned automobiles with easy clicks. It was established in 2015 by Nikhil Jain, Nittin Mittal and Sumit Chhazed, graduates from IIT Bombay. It has been launched with a vision of providing the ‘Ultimate User Experience’. It connects buyers and sellers to ensure genuine, transparent and convenient transactions. CredR’s offerings are designed keeping in mind the existing needs as well as the growing needs of the customers. The innovative strategy is that the service is rapid, convenient and importantly reliable.
About TVS Jupiter
TVS Jupiter has emerged as the most awarded scooter by offering great style, best-in-class mileage, amazing performance, class-leading features and proven quality. Jupiter is the fastest growing scooter in India to reach the one million sales milestone in just 30 months since its launch. The 10 lakh happy customer base is a fitting testament to the product’s appeal and reliability. TVS Jupiter is an outstanding product today available in 3 variants the much loved Jupiter, the Jupiter ZX and the recently launched Jupiter MillionR edition with disc brake.