This composite character is a medium-sized cart with a lid or cover. The cover was probably a canopy. Hence, it represents a canopied carriage.
Illustrative Text Reference:
Dholavira: Seal: SI. Number: 173: Acc. Number: 49038 (NB. The photograph is of the seal. Therefore, the inscription would be the mirrored image of that seen in the photograph.): R.S. Bisht, 2015:
8.2.3 Details of Individual Seals: Excavations at Dholavira (1989-90 to 2004-2005), p. 297: https://www.scribd.com/document/262316120/Excavations-at-Dholavifra-1989-2005-RS-Bisht-2015: Accessed:
16 November, 2018.
At latitude 24 degrees north, the canopy would have been an important selling point.