The inception of Shriram Automall India Limited (SAMIL) dates back to February, 2011. In quest of providing well-structured bidding platforms for the acquisition or disposal of pre-owned vehicles and equipment, the company had stemmed out from Shriram Transport Finance Company (STFC), India’s largest player in commercial vehicle finance. Established in 1979, STFC is counted amongst the largest asset financing NBFCs of India. While introducing the concept of organised financing in second-hand trucks segment, the company has strategised its presence in 5-12 year old truck which leads to a market share of 25%. Pan India presence of the company has been cultivated with its 569 branch offices, employing more than 17,000 employees and serving a customer base of approx. 1 million.