CredR plans to foray into bike resale business
Mr Nandigam sees great potential in the refurbished two-wheeler market, as youngsters in the country are changing their vehicles every 3-4 years.
Hyderabad: Mumbai-based refurbished two-wheeler reseller CredR plans to foray into the highly unorganised bike resale market in the city by opening over 20 showrooms in the next six months, said the company’s top official.
Speaking on this newspaper, Mr Sasidhar Nandigam, chief strategy officer of CredR said, “Our company wants to provide a platform where people can buy refurbished two-wheelers, which have gone through rigorous inspection by auto experts.”
On Sunday, the company opened its first showroom at Sanjeeva Reddy Nagar in the city. It has over 45 operational showrooms in the country spread across Bengaluru, Delhi NCR, Kota, Jaipur, Pune, Sikar and Hyderabad.
Mr Nandigam sees great potential in the refurbished two-wheeler market, as youngsters in the country are changing their vehicles every 3-4 years.