OLX India is moving from helping businesses find inventory to helping them procure better with Elite Buyer for Businesses

The partnership brings together OLX India and CarWale’s automotive buyers and sellers, technology and data with Spinny’s operational capabilities

The partnership is to launch a used-car loan offering for OLX India users

It has also launched SuperDost, which has built agents like Matchmaking, Pricing, Condition check etc. for used car customers

SuperDost will be rolled out for Used Car Dealers in the first phase

The Super Series is built to help dealers accelerate sales, improve sourcing efficiency, and strengthen digital presence through a powerful mix of platform benefits, business tools, and recognition

Elite Buyer Program enables buyers to connect with sellers more efficiently and complete transactions with speed, trust, and simplicity

The lab represents a long-term commitment to build world-class technology for the automotive space and broader commerce ecosystem

The lab represents a long-term commitment to build world-class technology for the automotive space and broader commerce ecosystem

The shares were offloaded at an average price of Rs 920.30 apiece

Sobek will continue to grow its Classified business (Olx.in - which includes both auto and non-auto verticals)

The acquisition has been completed on August 11, 2023

The acquisition of Sobek will be for a consideration of Rs 537.43 crore to be paid on the completion date of the acquisition

The acquisition of Sobek will be for a consideration of Rs 537.43 crore to be paid on the completion date of the acquisition

The company has launched CarTrade Ventures to invest in new-age technologies

Chola will customise its products and offerings to suit the needs of these customers

Chola will customise its products and offerings to suit the needs of these customers