Mahindra First Choice Wheels in partnership with Wipro introduces Konnect First

Image
ANI Mumbai (Maharashtra) [India]
Last Updated : Dec 18 2017 | 7:10 PM IST

Mahindra First Choice Wheels Ltd. India's No. 1 multi-brand certified used car company, in yet another first for the pre-owned car market has launched Konnect First - a connected car device designed to upgrade your car into a smart car.

Conceptualised by MFCWL, the device has been developed by Wipro Limited, a leading global information technology, consulting and business process services company. Konnect First will be available at more than 1500 MFCWL franchise outlets across 700+ cities through the country.

Konnect First, an intelligent connected drive solution, enables the car owner to interact with the vehicle and stay connected to it via a mobile app, available on both iOS and Android platforms. With several class-leading features, it offers the car owner a comprehensive package of safety, loss prevention, utility, maintenance and driving analytics in one seamless interface, thus providing complete peace of mind when it comes to the well-being of the car and its owner.

The sleek device is compatible with 200+ car variants across brands and can be easily plugged into the car's OBD port to allow the driver access to a suite of additional functions.

"The automotive industry is at the cusp of a revolution with new technologies changing the way we drive. We see no reason why a pre-owned car owner should not have access to these. Mahindra First Choice Wheels is focused on bringing in the latest technologies through innovative solutions for pre-owned car owners in order to make the ownership and driving experience as enjoyable and satisfying as that of a new carowner. We are happy to have Wipro partner us in this endeavour," said Dr. Nagendra Palle, MD and CEO, Mahindra First Choice Wheels Ltd.

"Technology-driven innovations are helping the automotive industry create disruptive and differentiated customer experiences, and engender a whole new value ecosystem. Wipro is delighted to have partnered with Mahindra First Choice Wheels Limited in their connected car endeavour, aimed at providing seamless driving experiences for their customers. Powered by IoT telematics, analytics and the end user's mobile/web applications and voice interfaces,Wipro's AutoInsights platform forms the backbone of the Konnect First solution," said Sreenath A V, Senior Vice President, India Business Unit, Wipro Limited.

Konnect First offers several industry first features in one seamless package.

Safety: Instant location sharing, real-time vehicle tracking, roadside assistance, risk cluster, SOS alerts.

Security and Loss Prevention: Tow alerts, break-in protection, valet protect and fatigue driving alerts.

Maintenance: Battery voltage, engine coolant and vehicle health monitoring alerts.

Utility features: Vehicle insights, trip listing and analytics, dynamic leader board, driving summary, driving profile analytics, document wallet.

Konnect First priced at INR 7,999 comes with a complimentary 1 year app subscription. It also offers a 1-year warranty and after-market customer support.

F17 was a pivotal year for MFCWL. The company extended its leadership position in the used car industry with a strong performance in all areas of the business. The company reported an 80 percent growth in transaction revenues and over 200 percent growth in its technology enabled businesses. With these technology enabled solutions, MFCWL is focused on enabling its customers (institutional clients, dealers and consumers) to achieve high levels of transparency and efficiency in a sector otherwise largely unorganised in nature.

The company's unique hybrid business model "on the ground" and "in the cloud" has also been acknowledged by external investors. The company has raised funding from silicon valley based Hedge Fund, Valiant Capital and Cox Automotive, a $17 Billion US based enterprise providing digital marketing, classifieds, software, wholesale and eCommerce solutions to dealers, consumers, manufacturers and financial institutions. Its brands include Manheim, Autotrader, Kelley Blue Book, Dealertrack, vAuto, Xtime.

MFCWL received the "National Retailer of the Year" award for 2017 from Franchise India where it competed with franchisors across all retail sectors.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 18 2017 | 7:10 PM IST

Next Story