Under the partnership, consumers looking to sell their cars on CarTrade Tech-owned CarWale and OLX India will gain access to a differentiated selling experience powered by Spinny. At the same time, Spinny will list its quality-assured used cars on both CarWale and OLX India, giving buyers access to a wider inventory of inspected vehicles.
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The collaboration brings together CarWale and OLX India’s large automotive buyer and seller base, data and technology with Spinny’s full-stack operational network. CarTrade Tech said its proprietary VAYA AI platform will connect users on CarWale and OLX India with relevant Spinny offerings, helping simplify the used-car buying and selling process.
According to the company, more than 23 million consumers visit CarWale and OLX India every year to buy or sell used cars. By integrating Spinny’s services into these platforms, the companies aim to create a more seamless and trusted customer experience.
“Our ambition is to fundamentally improve the way used cars are bought and sold in India. CarWale and OLX India bring together a large base of consumers actively looking to buy and sell used cars. With this partnership, we can make the transaction more seamless and trusted. The partnership is aligned with CarTrade Tech’s broader strategy of building an integrated automotive ecosystem that supports consumers throughout the vehicle ownership journey of buying, selling and ownership,” Vinay Sanghi, Chairman and Managing Director of CarTrade Tech, said.
Also Read: How Spinny is sweeping on the turning wicket of used carsSpinny Founder and CEO Niraj Singh said the partnership would help the company reach more customers while maintaining its focus on trust and transparency.
“Buying a car is an important and deeply personal decision. At Spinny, our focus has always been on making the experience simple, transparent and dependable. Through this partnership with CarTrade Tech, we will be able to engage with more customers through CarWale and OLX India and offer them a trusted way to complete their used-car purchase. Together, we have an opportunity to set new standards for used-car market in India,” Singh said.