#Revolutionizing Automotive Aftermarket Industry-
PIKPART revolutionizing the automotive aftermarket industry by building an O2O (online-to-offline) based tech-enabled garage network for existing Internal Combustion Engine (ICE) and Electric vehicles as well as preparing infrastructure to be future ready for all emerging market of CNG, hydrogen, and other upcoming technologies. Pikpart is expanding its global reach for spares in the automotive industry through its B2B and B2C e-commerce platform, with the goal of facilitating seamless transactions for all automotive stakeholders, including manufacturers, distributors, retailers, mechanics, and end users.
Pikpart, an esteemed venture of Ratnashil Online Services Private Limited is pioneering the O2O (online-to-offline) ecosystem in the automotive aftermarket industry. Through its online platform, Vehicle customers (Two wheeler and Four wheeler (P)) can easily book services, order spare parts, and schedule maintenance using a user-friendly application. On the offline side, these services are executed by a network of Pikpart’s garages, ensuring quality, transparency, and pocket friendly. This seamless integration guarantees a superior customer experience and sets PIKPART apart in the market.
Pikpart's ecosystem is built on five core verticals, each tailored to meet the diverse needs of the automotive industry
A Resilient Journey in the Automotive Aftermarket Industry
Pikpart embarked on its journey in Year 2018 amid the competitive realm of the Indian Automotive Aftermarket Industry. While many startups struggled despite significant funding, Pikpart stood out by prioritizing sustainable growth and operational efficiency. This strategic focus not only ensured its survival but propelled it towards profitability within just five years.
Spanning across 2 country, 24 states, Pikpart boasts a formidable presence with over 200+ garages and a vast 5000+ spare’s Retailer & Distributor network. These garages offer premium multi-brand services for both two-wheelers and four-wheelers, complemented by an extensive inventory of 7000+ SKUs of Pikpart's own brand spares.
While competitors grappled with financial constraints, Pikpart's bootstrap approach fostered agility, enabling it to adapt swiftly to market dynamics. Today, Pikpart stands tall as a reliable, customer-centric leader in the automotive aftermarket.
Vision
By 2028, The company's goal is to become a leader in the automobile aftermarket industry by creating a framework in which important stakeholders may conduct all business activities relevant to the industry. The company will grow its physical garage network footprint to over 10,000 sites, with a focus on onboarding around 100,000 retailers, 500+ brands, and 10 million+ customers on its E-commerce Platform. Pikpart's own brand spares will be available in over 60,000 SKUs, achieving this objective. The ambitious strategy is meant to cater to the present and projected aftermarket service and spares requirements.
Operations Commenced On 2018
Franchise Commenced On 2019
Investment INR 20lakh - 30lakh
Franchise/Brand Fee INR 200000
Royalty/Commission 3 %
Exclusive territorial rights to a unit franchisee Yes
Anticipated percentage return on investment 35 %
Likely pay back period of capital for a Unit Franchise 1-3 Years
Other investment requirements 5-10 Lacs
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Type of property required for this franchise opportunity Commercial
Floor area requirement 2500 - 10000 Sq.ft
Preferred location of unit franchise outlet Within city approach
Detailed operating manuals for franchisees Yes
Franchisee training location on Site
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 3 Years
Is the term renewable? Yes
Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.
Business Opportunities
Our Group Sites
Browse By Investment Range
Popular Cities
