Bosch bags 26% stake in Autozilla Solutions B2B E-marketplace
Technology

Bosch bags 26% stake in Autozilla Solutions B2B E-marketplace

Bosch Limited has acquired a 26% stake in Business-to-Business (B2B) E-commerce auto spares, garage equipment and accessories, Autozilla Solutions Private Limited, which specialises in developing electronic parts catalogues for spare parts.

This acquisition will boost Bosch’s market pull through its car service outlets and independent garages enrolled under the extra loyalty programme.

Bosch can now participate in a digital B2B marketplace for the independent aftermarket (IAM) in the domestic market and will help in easing auto spares procurement.

Bosch will integrate with the e-commerce platform of Autozilla with its digital platforms to improve the quality of catalogue search, streamline the ordering of spare parts from workshops to distributors and address the availability of spares with shorter lead times. It will improve the company's acceptability in the market, expand its product portfolio and scale up operations in India.

Managing Director of Bosch Limited, Soumitra Bhattacharya, said that to achieve goals, the company will collaborate with the Indian B2B E-Marketplace Autozilla and intend to develop this market potential together.

Autozilla uses artificial intelligence (AI) platform and data analytics to enable efficient spares discovery, establish availability and pricing, and match IGs with the sellers to ensure on-time procurement of the spare part at the right price.

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Bosch Limited has acquired a 26% stake in Business-to-Business (B2B) E-commerce auto spares, garage equipment and accessories, Autozilla Solutions Private Limited, which specialises in developing electronic parts catalogues for spare parts. This acquisition will boost Bosch’s market pull through its car service outlets and independent garages enrolled under the extra loyalty programme. Bosch can now participate in a digital B2B marketplace for the independent aftermarket (IAM) in the domestic market and will help in easing auto spares procurement. Bosch will integrate with the e-commerce platform of Autozilla with its digital platforms to improve the quality of catalogue search, streamline the ordering of spare parts from workshops to distributors and address the availability of spares with shorter lead times. It will improve the company's acceptability in the market, expand its product portfolio and scale up operations in India. Managing Director of Bosch Limited, Soumitra Bhattacharya, said that to achieve goals, the company will collaborate with the Indian B2B E-Marketplace Autozilla and intend to develop this market potential together. Autozilla uses artificial intelligence (AI) platform and data analytics to enable efficient spares discovery, establish availability and pricing, and match IGs with the sellers to ensure on-time procurement of the spare part at the right price. Image Source

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