Varroc Engineering
Varroc Engineering Ltd is an India-based company that specializes in the manufacturing and supply of automotive components and subassemblies. It focuses primarily on the automotive segment, providing a range of products including exterior lighting systems, plastic and polymer components, electrical-electronic components, and precision metallic components. Varroc serves various vehicle categories, including passenger cars, commercial vehicles, two-wheelers, three-wheelers, and off-highway vehicles. The company is recognized for its technological expertise and operates globally, with significant revenue generated from Europe and a growing presence in the Asia Pacific region.
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2 past transactions
CarIQ
Acquisition in 2019
CarIQ is a connected car platform designed to empower car owners with real-time data from their vehicles. By leveraging technology that connects the car's microcomputer to a cloud-based system, CarIQ collects essential information such as engine performance, location details, and safety metrics. This platform facilitates seamless communication between car owners and various service providers, including auto manufacturers, insurance companies, dealerships, and roadside assistance services. Additionally, CarIQ's data-driven insights can benefit infrastructure providers and city planners, allowing them to optimize urban mobility and leverage the Internet of Things effectively. Through its innovative ecosystem, CarIQ enhances the ownership experience by ensuring that users receive timely services and attention.
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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