How DriveX is Reshaping the Pre-Owned Two-Wheeler Market in India

livemint.com:

New Delhi (India), February 28: In the bustling lanes and vibrant markets of India, the quest for a reliable and good quality used two-wheeler has often been fraught with challenges. Traditional avenues of purchasing pre-owned bikes and scooters were riddled with pitfalls such as fear of fraudulent transactions, cumbersome paperwork, lack of warranties, and an overall deficiency of trust and quality assurance.

However, DriveX has emerged as a disruptor in this space, redefining the contours of customer experience in the used two-wheeler market by offering an OEM (Original Equipment Manufacturer) like experience. DriveX's journey is a testament to its commitment to quality, trust, unparalleled service followed by branded showrooms with an end-to-end buying and selling experience and omnichannel presence.

They also crossed a significant milestone of serving over 100,000 delighted customers. With a sprawling market potential of approximately 26 million vehicles annually and a projected growth rate of 12% year-over-year for the next five years, reaching a market size of around USD 30 billion, the pre-owned two-wheeler sector in India is ripe for revolution.

DriveX has seized this opportunity with a vision to organize this largely unstructured market segment, offering a full-stack digital-native retail platform that caters to all aspects of the pre-owned two-wheeler value chain, including procurement, refurbishment, retailing, and servicing. DriveX stands out by addressing the major concerns of customers head-on.

By establishing their technical centers that adhere to stringent quality processes, DriveX ensures that every vehicle goes through 100+ quality checkpoints and is refurbished to look and feel like new. This focus on