Fact Check

More than 500 KYC documented buyers from all over India

Highly engaging and automated auction portal with ease of access to customers.

Free listing and accessibility to the most auctions

Availability of a customized member dashboard

SMS and Email facility on request.

500 Buyers in India

29 Major Operational States

About Us

Salvage Onlinebid Private Limited (SOPL) is incorporated under companies act 1936 and has its corporate office at Mumbai.

SOPL is managed by a group of industry experts with rich experience in the insurance sector.

SOPL is providing salvage disposal solutions for insurance claim salvage and also for industrial surplus.

Our greatest asset is the reputation we have built in terms of reliability, integrity, transparency, trust and excellence in auctioning services.

Our strategy is simple… we are bridging the gap between the seller, buyer and their desired products.

About Mock

Who Are We

A full time online auction company run by industry professionals with rich experience in the field of salvage auctions.

We deal in online and offline auctions of handpicked salvage that are absolutely worth the time and bid.

Bridging the gap between bidders and products and thereby provide access to need-based products.

The bidding process is simple, transparent, and as per industry standards. Our auctions are fair and profitable.

SEARCH, BID and BUY' is the simple motto of running this platform. We believe in bringing the best products and presenting them for auction.

About Mock

SOPL - Tech Savvy

Provide common platform for Salvage customers.

Provide end to end salvage management solutions in order to save time and manpower for our clients.

Prompt interaction among Surveyor, Repairer, Insurers, Insured and Salvage buyers.

Prompt interaction among Surveyor, Repairer, Insurers, Insured and Salvage buyers.

Provide accurate details to our buyers and clients to always ensure transparency.

Real time update on progress of salvage disposal.

About Mock

SOPL - Customer Delight

Working as per Service Level Agreements

Documentation - emphasizing on statutory regulations and Controlling Litigation Cost

Effective and timely negotiations

Consultancy services on salvage disposal process in order to set realistic expectations on value and TAT.

Salvage disposal management monitoring.

About Mock

SOPL - Collaboration

Our motto is to provide utmost confidentiality of services and timely closure of tasks as per pre-decided timelines .

We provide commitment of professional standards of the highest order.

Ensure BEST wreck value from PAN India buyers

We connect our clients with the best salvage buyers from PAN India to ensure fast, reliable and cost-effective services always.

Personalized consultation on every case

Our People

About Mock

Som Dash

Customer Relationship Manager

  • 8 years in Insurance Surveys at IAR Insurance Surveyors.
  • Coordination with Insurance companies and Insured for quick closure of claims.
  • Prompt response and solution-oriented attitude.

About Mock

Ritesh Majumdar

Regional Manager

  • 8 years of experience in Insurance Surveys at IAR Insurance Surveyors. 
  • Conducting surveys and preparing reports for insurance claims. 
  • In-depth industry knowledge with a particular interest in Fire and Engineering claims. 

About Mock

Mr. Kapil Rege

Vice President

  • 8.5 years of experience in Salvage management at ICICI Lombard GIC Limited. 
  • Effective management of PAN India Motor and Corporate Salvage Disposal.
  • Active interaction with the claims team and salvage buyers to provide the best quotes and quick disposal of salvage.

About Mock

Vision

To emerge from the position of startup to a leading player in the loss minimization industry.

Mission

BE THE BEST. We will provide the best of services and support, to help our clients to improve their bottom line. We will help bridge the gap with speed and reliability in salvage disposal along with the most transparent processes.

Our Strengths

Salvage buyers on PAN India basis ensuring rapid & cost-effective response every time.

Trained and courteous field and back-office personnel.

Professionals with vast enriching experience in the insurance sector.

Commitment on professional standards of highest order.

Utmost confidentiality of services & strict turnaround time.

Technically robust and state of the art infrastructure.

Visible reduction in insurer's bleeding claim ratio.

Maximization of salvage realization.

About Mock

Project Portfolio

Project 01 - Electronics

1835 units of stand fans and 232 units transit damaged dishwasher

Project 02 - Metals

11 MT of metal scrap

Project 03 - Metals

1500 kg of copper tubes

Other Projects

Theft recovered / transit and own damaged vehicles.

Let Us Work Together

We will create the perfect collaboration between technology and customer experience to build a new fresh auction portal to enhance the loss minimization potential of our clients.

Email

info@salvageonlinebid.com

Contact

Mumbai Office – Kapil Rege New 

Delhi Office – Ritesh Majumdar