DriveX, India’s largest digital-first auto tech platform for refurbished two-wheelers, is excited to announce the opening of its latest store in Varthur, Bangalore. This marks a key milestone in DriveX’s growth, as the Varthur store is one of 30 new locations launched in 2024 alone. These expansions underline DriveX’s commitment to providing unmatched quality, efficiency, and customer satisfaction across its growing network.
DriveX has quickly gained the attention of both the automotive industry and aspiring entrepreneurs. The company’s franchise-owned and franchise-operated model enables dealer partners to harness DriveX’s established business framework, ensuring a perfect balance of entrepreneurial drive and operational excellence.
Key Milestones:
- Over 30 new stores launched in the last 12 months, surpassing industry growth benchmarks.
- A surge in franchise applications, showing strong confidence in DriveX’s business model.
- Consistent 95% customer satisfaction ratings at all new locations.
In the past month, DriveX successfully opened six new stores across Chennai, Hosur, and Bangalore. The company now has twelve operational stores in Bangalore alone.
“Our business model empowers franchisees to tap into DriveX’s visionary service solutions while ensuring they retain full operational oversight. This approach has been pivotal to our rapid growth and success,” said Narain Karthiyen, the Founder of DriveX and India’s first formula one driver “We are committed to supporting our partners and continuing to set new standards in the automotive service industry.” Narain Karthikeyan, as the chief guest, inaugurated the DriveX store launch in Varthur, which is a unit of Highlander Ventures LLP, on 15th December 2024.
DriveX is built upon the foundation of providing customers with top-quality two-wheelers that are as good as new. This paved the path for factory-refurbished two-wheelers with a 1 one-year warranty, after-sales support, finance support, document transfer and more benefits. DriveX has both a digital and physical presence, which makes it easy for customers from all walks of life to purchase their dream bikes. DriveX provides customers with a whole branded experience, reforming the conventional convictions of the industry.
The remarkable pace of DriveX’s network expansion is fueled by its focus on technology-aided top-quality refurbishment of two-wheelers, transparent pricing policies, and streamlined processes that redefine convenience for vehicle owners. The company’s ability to replicate its success across diverse regions showcases the scalability and strength of its business models, which begin with sales or extend further to sales, procurement and service.
