CarTrade Tech Launches CarTrade Used Auto Platform

CarTrade Tech Limited has launched CarTrade Used Auto, a new platform aimed at consolidating India's used-car ecosystem. This initiative integrates the strengths of CarWale and OLX India to offer a unified, technology-driven, and asset-light solution covering the entire transaction journey: Buy, Sell, Exchange, and Finance. The platform supports various transaction types including B2C, C2B, and C2C, and offers services like matchmaking, pricing, and condition checks through its SuperDost feature. With India's used-car market projected to reach 9.5-10 million transactions by 2030, CarTrade Used Auto aims to facilitate 2 million transactions annually, with a potential transaction value of ₹1.2 lakh crore. The company also plans to build a digital marketplace for used-car loans in an asset-light manner through partnerships with banks and NBFCs.