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The Economic Times — Marketseconomictimes.indiatimes.com

CarTrade Tech shares surge 12% in two days after launching new used-car platform (opens original article in a new tab)

TL;DR

CarTrade Tech shares surged 12% in two days following the launch of its new used-car platform, CarTrade Used Auto, aimed at India's growing used-car market.

  • CarTrade Tech shares rose 12% over two days after launching CarTrade Used Auto platform
  • Platform integrates CarWale and OLX India to cover used-car transactions including buying, selling, financing
  • India's used-car market expected to grow from 5.9 million to 9.5-10 million units by 2030

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