After-sales service provider Automovill raises INR 2.15 cr in Pre-Series A round - ET Auto

▤ Summary

The first half of the current financial year turned out to be the best-ever for PV segment, however concern still remains in the entry-level category of PVs and two wheelers alike. As for OEMs, Tata and Mahindra gained a portion of the pie while Hyundai lost about 3 percentage points. Similarly, Hero MotoCorp is also down by 3 percentage points while others like HMSI have reported a gain during the first six months.

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