Client Description
A leading Indian Tier-I manufacturer of automotive locking and security systems among other vital components was exploring partnerships to integrate advanced driver-assistance technologies into their 2W product portfolio, aiming to strengthen their position in the evolving two-wheeler safety market.
PwC’s Role
- The startup initially faced challenges in registering on the client’s portal, PwC’s comprehensive assessment and facilitation ensured alignment with the client’s requirements. The startup was subsequently screened and recommended for potential engagement.
- PwC collaborated with a leading manufacturer of automotive safety components to strategically structure and coordinate their engagements with a startup.
- PwC specifically highlighted the startup’s offering to the client, encouraging its consideration for the client’s two-wheeler consumer segment.
The Results
- After multiple interactions, the client has decided to proceed with the startup, and the NDA is under process.
- The discussions are headed towards developing a POC jointly that the Tier-1 could take to its Indian 2W OEM customers.