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India
2021 (5 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Quiklyz
Company Information
Get to know Quiklyz
Quiklyz is a digital vehicle leasing and subscription platform launched by Mahindra & Mahindra Financial Services Limited (Mahindra Finance), a part of the Mahindra Group. Its mission is to provide a convenient and hassle-free vehicle usership experience for both individual (retail) and corporate clients. Instead of traditional vehicle ownership, which involves down payments, loans, and managing maintenance and insurance, Quiklyz offers an all-inclusive subscription fee. This fee typically covers the vehicle's registration, insurance, and routine maintenance, offering customers a flexible and asset-light way to drive a new car.
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