Latest news with #ShahrukhTodiwala
New Indian Express
19-07-2025
- Automotive
- New Indian Express
Lenders, insurers line up to partner with Tesla in India
NEW DELHI: As US electric vehicle giant Tesla officially entered the Indian market this week, it wasn't just auto enthusiasts who took notice. Leading banks and insurers swiftly moved to align themselves with the EV trailblazer, eager to tap into the growing demand for premium electric mobility. Kotak Mahindra Prime (KMPL) was announced as Tesla's preferred financier in India. Commenting on the partnership, Shahrukh Todiwala, MD & CEO of KMPL, said, 'Tesla has redefined mobility with its cutting-edge technology. Its entry into India marks a pivotal moment for the country's automobile sector as it shifts toward greener alternatives.' KMPL rolled out dedicated car financing options integrated directly into Tesla India's online portal and mobile app, aiming to make Tesla ownership more accessible. On the insurance front, players like ACKO, Zurich Kotak, and Liberty General Insurance unveiled strategic tie-ups tailored for Tesla buyers. Digital-first insurer ACKO has been named Tesla's preferred insurance partner. Animesh Das, MD & CEO of ACKO General Insurance, said, 'Tesla didn't just build a car; they rebuilt the idea of what a car is. At ACKO, we asked ourselves — can we do the same for insurance?' The partnership promises a fully digital, seamless experience from quote to claim, mirroring Tesla's emphasis on simplicity and performance.
Time of India
18-07-2025
- Automotive
- Time of India
Kotak Mahindra Prime becomes preferred financer for Tesla EVs in India
Kotak Mahindra Prime ( KMPL ), the auto financing arm of Kotak Group, on Friday said it has become a preferred financer , offering its seamless financing experience for Tesla's futuristic EVs. Kotak Mahindra Prime is the first among financers to be appointed as a Preferred Financer for Tesla in India, the company said in a statement. KMPL will be offering specially curated car finance schemes for Tesla EV buyers, it said. Buyers would be able to check financing options by KMPL on the Tesla India portal/mobile application itself for a seamless buying experience, it said. "We have always been at the forefront of financing sustainable mobility solutions. Our collaboration with Tesla will give further impetus to our efforts in enabling customers to realise their aspiration towards a more sustainable living," KMPL Managing Director and Chief Executive Officer Shahrukh Todiwala said.
News18
18-07-2025
- Automotive
- News18
Kotak Mahindra Prime becomes preferred financer for Tesla
Last Updated: New Delhi, Jul 18 (PTI) Kotak Mahindra Prime (KMPL), the auto financing arm of Kotak Group, on Friday said it has become a preferred financer, offering its seamless financing experience for Tesla's futuristic EVs. Kotak Mahindra Prime is the first among financers to be appointed as a Preferred Financer for Tesla in India, the company said in a statement. KMPL will be offering specially curated car finance schemes for Tesla EV buyers, it said. Buyers would be able to check financing options by KMPL on the Tesla India portal/mobile application itself for a seamless buying experience, it said. 'We have always been at the forefront of financing sustainable mobility solutions. Our collaboration with Tesla will give further impetus to our efforts in enabling customers to realise their aspiration towards a more sustainable living," KMPL Managing Director and Chief Executive Officer Shahrukh Todiwala said. PTI DP DP SHW Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
18-07-2025
- Automotive
- Time of India
Kotak Mahindra Prime becomes preferred financer for Tesla EVs in India
Synopsis Kotak Mahindra Prime will finance Tesla's electric vehicles. It is the first financier to get this status in India. Kotak Mahindra Prime will offer special car finance plans for Tesla EV buyers. Customers can view Kotak Mahindra Prime's financing options on Tesla's India portal. This collaboration will help customers achieve sustainable living. Shahrukh Todiwala shared his thoughts on this partnership.
