CarTrade Tech Ltd has launched CarTrade Used Auto, a unified marketplace designed to bring order to India’s sprawling, fragmented used-car economy.
The platform merges CarWale and OLX India into a single technology-led ecosystem spanning every major transaction type – business-to-consumer, consumer-to-business, consumer-to-consumer and financing. In doing so, CarTrade is positioning itself as the central spine of India’s used-vehicle trade, connecting buyers, sellers, dealers, enterprises, lenders and service partners across the full value chain.
At the heart of the launch is SuperDost, a suite of AI-powered agents offering matchmaking, pricing recommendations and vehicle condition assessments – tools aimed at replacing the guesswork and mistrust that have historically defined used-car transactions in India.
The opportunity is substantial. India’s used-car market currently records around 5.9 million transactions annually, with a gross merchandise value exceeding Rs 3 lakh crore. By 2030, volumes are projected to climb to nearly 10 million transactions, with GMV potentially reaching Rs 5–6 lakh crore – driven by shorter ownership cycles, aspirational upgrades and deeper financing penetration.
CarTrade Used Auto is targeting 2 million transactions annually, representing approximately Rs 1.2 lakh crore in transaction value. The business model remains deliberately asset-light.
“Used cars are one of India’s largest consumer transaction opportunities, but the journey remains fragmented,” said Aneesha Bhandary, Executive Director and CFO. “We are creating one platform for buying, selling and exchange.”
The launch is backed by strong financials – Q4 FY26 revenue rose 19% year-on-year to Rs 203 crore, with net profit up 54% to Rs 71 crore
