Carnation Auto
 | |
| Private | |
| ISIN | 🆔 |
| Industry | Automotive |
| Founded 📆 | 2008 |
| Founder 👔 | |
| Headquarters 🏙️ | Noida, India |
Area served 🗺️ | |
Key people | Jagdish Khattar |
| Products 📟 | Used Cars, Car Servicing |
| Services | Car Service, Car Breakdown Service, Car Repair |
| Members | |
Number of employees | |
| 🌐 Website | http://www.carnation.in/ |
| 📇 Address | |
| 📞 telephone | |
Carnation Auto is a multi-brand automotive sales and service company headquartered in Noida, India.
History[edit]
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]
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] Punjab National Bank has recently filled an insolvency plea against Carnation.[7]
In 2018 Mahindra First Choice acquired the Carnation brand assets from the liquidator.[8]
Products and Services[edit]
Carnation auto allow customers to buy, sell and exchange pre-owned cars in India.[9] Carnation also provides car repair and service for all brands of cars (multibrand car repair),[10] as well as car detailing services and products. Carnation also provides Insurance and Renewal Claims services,[11] and 24*7 car breakdown service across India. This service is also known as CARE (Carnation Assistance for Roadside Emergencies).[12]
Other services provided include Workshop on wheels, which is a doorstep car servicing facility.,[13] and Carnation franchisee tie-ups.[14]
References[edit]
- ↑ Mishra, Ashish (19 October 2012). "Ex-Maruti Man Jagdish Khattar Aims High with Carnation". Retrieved 21 December 2013.
- ↑ "DC Design, Carnation tie up for mass segment". 22 September 2009. Retrieved 21 December 2013.
- ↑ Tiwari, Rituraj (14 October 2010). "Carnation to set up Web marketplace for used cars". The Economic Times (India). Retrieved 21 December 2013.
- ↑ "Carnation opens India's largest used car showroom in Noida". 7 November 2013. Archived from the original on 17 December 2013. Retrieved 21 December 2013. Unknown parameter
|url-status=ignored (help) - ↑ "Premji firm to invest Rs 80 cr in Khattar's company". Business Standard (India). 1 October 2008. Retrieved 21 December 2013.
- ↑ "Carnation Auto® Closes Second Round of Funding". The Telegraph (Calcutta, India). 29 February 2012. Archived from the original on 19 December 2013. Retrieved 21 December 2013. Unknown parameter
|url-status=ignored (help) - ↑ "Punjab National Bank files insolvency plea against Carnation Auto". The Financial Express. 2017-08-24. Retrieved 2018-01-31.
- ↑ "Mahindra First Choice acquires Carnation brand". Economic Times. 3 December 2018. Retrieved 14 May 2021.
- ↑ Jagdish Khattar, Jagdish. "Evolution of India's used car industry". Archived from the original on 20 December 2013. Retrieved 21 December 2013. Unknown parameter
|url-status=ignored (help) - ↑ Kanth, K Rajani (30 August 2011). "Multi-brand car servicing biz set to grow". Business Standard. Retrieved 21 December 2013.
- ↑ Press Trust of India (10 November 2013). "Carnation Auto scale up insurance broking business". Business Standard. Retrieved 21 December 2013.
- ↑ Mahesh, Prashant (11 July 2013). "Car manufacturers offer 'roadside assistance' to beat breakdown blues". The Economic Times. Retrieved 21 December 2013.
- ↑ "Carnation Auto launches Workshop-on-Wheels". MSN. 9 December 2009. Archived from the original on 18 January 2012. Retrieved 21 December 2013. Unknown parameter
|url-status=ignored (help) - ↑ "Carnation looking at franchisee model for used-car segment". Business Line. 12 September 2013. Retrieved 21 December 2013.
External links[edit]
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