CarTrade Tech shares rallied after the company launched CarTrade Used Auto, a new platform targeting India’s fragmented used-car market. Integrating CarWale and OLX India, the initiative spans buying, selling, financing and ownership transfer, while leveraging AI tools and tapping into the sector’s long-term growth opportunity.
CarTrade Tech shares surged 12% in two days following the launch of its new platform, CarTrade Used Auto. This initiative aims to consolidate India's fragmented used-car market by integrating CarWale and OLX India services. It leverages AI tools for buying, selling, financing,…
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