CARTRADE TECH : PARTNERS WITH IDFC FIRST BANK FOR USED-CAR LOANS

• OLX India partners with IDFC FIRST Bank to launch a used-car loan offering for OLX India users. • The partnership aims to make used-car financing more relevant, accessible and aligned to the needs of digital-first customers. • India's used-car market is projected to grow to 9.5 million transactions by 2030, representing a ₹4-5 lakh-crore transaction opportunity. • CarTrade Tech's consumer marketplaces host over 63% of India's online used-car listings. • The digital-led journey is designed to reduce friction in the used-car financing process.

Cartrade Tech Limited

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