Gurgaon-based CaRPM, a firm specializing in vehicle diagnostic tools for garages, has entered into a strategic partnership with myTVS, a leading digital platform in the automotive aftermarket sector and part of Ki Mobility Solutions Pvt Ltd.
Technology drives MyTVS’s success, enabling a scalable model that benefits consumers and franchise partners. By integrating garages, parts suppliers, and customers, it creates an efficient ecosystem. A strong backend ensures timely, cost-effective parts supply, while MyTVS expands its garage network and strengthens frontend operations.
Building on its strong business model, MyTVS has attracted multiple stakeholders, including Kitara Capital, its financial investor, which has partnered with the company to drive network expansion. With CaRPM joining forces, the collaboration will focus on co-developing solutions and expanding the network of myTVS.
“For a start-up like ours, MyTVS has been incredibly supportive, accelerating our product development and opening doors to new markets. Their technological expertise has provided invaluable insights, helping us refine our solutions,” said Abhishek Maitreyi, CEO of CaRPM, in an interview with businessline.
CaRPM focuses on developing diagnostic tools for garages and currently has around 30,000 garages in its network, with 8,000 fully integrated. “Over the next 12 months, 1,000 of these will transition into myTVS franchise locations,” Maitreyi said.
Primary focus
“Our primary focus is on diagnostics, which remains at the core of our collaboration. Additionally, we’re working on optimising the spare parts supply chain, particularly in cataloging and distribution. We’re also exploring new solutions under Hypermart and other initiatives, but diagnostics remains our priority,” he added.
CaRPM and myTVS are also co-developing several solutions that will be introduced to the market through myTVS. Maitreyi stated that this partnership is a major growth opportunity for CaRPM. “If we approach customers as CaRPM, we might gain some traction, but going to market alongside myTVS significantly amplifies our impact.”
One of the key solutions in development involves real-time vehicle diagnostics. “We are working on a system where detected fault codes in a car will be mapped to specific part codes and service codes, providing actionable insights to both garages and customers,” said Maitreyi.
“These partnerships further validate the strength of the MyTVS model and its ability to provide credibility and growth opportunities for all stakeholders in the aftermarket ecosystem,” said G Srinivasa Raghavan, Managing Director of Ki Mobility.
