Varroc Group is a global automotive component manufacturer based in India, specializing in the production and supply of exterior lighting systems, powertrains, electrical and electronic components, and body and chassis parts. The company serves a diverse range of vehicles, including passenger cars, commercial vehicles, two-wheelers, three-wheelers, and off-highway vehicles. Varroc is recognized for its technological expertise and innovation in manufacturing plastic and polymer components as well as precision metallic components. The majority of its revenue is generated from the automotive segment, with significant market presence in Europe and the Asia Pacific region. Through its comprehensive product offerings, Varroc supports leading automotive manufacturers worldwide.
CarIQ Technologies Pvt Ltd. is a provider of a connected car platform that bridges the gap between vehicles, owners, service providers, and surrounding infrastructure. The company offers a plug-and-play device that gathers and analyzes complex data from a car's electronic systems, including the engine and safety features, while transmitting this information to the CarIQ platform. This device tracks vital metrics such as coolant temperature and engine load, sending alerts and feedback to drivers regarding their vehicle's condition. The platform also facilitates communication with nearby workshops and mechanics in critical situations and offers insights on driving behavior, vehicle health, and service history. Additionally, it features navigation to fuel stations and provides alerts for various conditions, including rash driving and engine errors. Founded in 2012 and based in Pune, India, CarIQ operates as a subsidiary of Varroc Engineering Limited.
Team Concepts
Acquisition in 2018
Team Concepts is a manufacturer of premium automotive accessories for Toyota motor, Renault-NIssan and for the after-market.
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