Moneycontrol PRO
HomeNewsTechnologyAutoOLX merges online brand with offline CashMyCar for seamless car trade-in experience

OLX merges online brand with offline CashMyCar for seamless car trade-in experience

OLX has announced the launch of an all-new car buying and selling platform called OLX Autos, which will integrate the company’s online portal with its current offline brand CashMyCar

December 04, 2020 / 16:33 IST
The new model will be available across OLX’s 100+ offline stores and will also be reflected in their online presence, including both, web and app.

The new model will be available across OLX’s 100+ offline stores and will also be reflected in their online presence, including both, web and app.

OLX Group has announced the launch of an all-new car buying and selling platform called OLX Autos. The new platform will integrate the company’s online portal with their current offline brand CashMyCar, bringing in a slew of services.

The new model will be available across OLX’s 100+ offline stores and will also be reflected in their online presence, including both, web and app.

According to a statement released by OLX Group, CashMyCar will be rebranded as OLX Autos stores. The company aims to be more customer centric and will be offering a range of new services and products, including verified inventory, inspected cars, and allied services. Their online interface will also be updated to match the new model.

“We aim to set a new industry benchmark for the used car trade in India, bringing to the consumer a seamless process to buy, sell and finance a car under a trusted, easy and safe environment,” said Amit Kumar, CEO OLX Autos India.

“By combining our technology, financing and smart services to digitize more of the transaction, alongside our offline services and inspection centres, we will make buying and selling vehicles easier, faster and more convenient all around our network, while offering peace of mind on every transaction made," he added.

According to the company, OLX currently commands close to 80 percent of the market share when it comes to pre-owned cars with over 20,000 cars online for sale daily.

Invite your friends and family to sign up for MC Tech 3, our daily newsletter that breaks down the biggest tech and startup stories of the day

Moneycontrol News
first published: Dec 4, 2020 04:32 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347