https://entrackr.com/2023/05/why-did-cardekho-shut-down-used-car-retail-biz/
Cardekho is exiting Retail biz, Ola exited last year itself. Used car market is dominated by small dealers.
If Cartrade ‘absure’ can demonstrate technology driven benefits for these used car dealers, they can gain lot of market share.
Their Automall business has taken a temporary hit as the big jump in repossesed cars that was witnessed due to loan defaults in 2020/21 are waning back. Used car demand should likely normalise in 2023
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