Mahavir Group, headed by Chairman Yashwant Jhabakh, was established in 1998 as the first Mercedes-Benz dealership in Hyderabad and one of the first in India. Today, the group owns one of the largest four-wheeler dealership networks in the country and is an authorized dealer for Mercedes-Benz, ISUZU Motors, and ŠKODA Auto across Telangana, Andhra Pradesh, and Kerala. Coastal Select is also now a subsidiary of Mahavir Group.

In 2018, the group acquired the Benelli brand and aggressively expanded into the Indian market. They further introduced renowned global brands like Keeway and, under the Moto Vault flagship, brought Moto Morini, Zontes, and QJ Motor to India.