MoneyWorks4Me

CarTrade Tech enters into partnership with Chola

24 May 2022 Evaluate

CarTrade Tech has entered into a partnership with Cholamandalam Investment and Finance Company (Chola) to offer financing for used cars. Chola, the financial services arm of the Murugappa Group, will be the preferred financier for customers purchasing used vehicles from CarTrade Tech’s CarWale abSure’s dealers.

Chola will customise its products and offerings to suit the needs of these customers. This collaboration between Chola and CarWale abSure is expected to make mobility accessible to the middle-class Indian.

CarTrade Tech is a multi-channel auto platform provider company. The company operates various brands such as CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz.

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