Launch · Commerce & Consumer Brands

OLX India launches Elite Buyer for Businesses

By Startup Enthusiast · 14 September 2026

What they do

CarTrade Tech's subsidiary OLX India runs online marketplaces for vehicles and goods

It launched Elite Buyer for Businesses, a programme for dealers and enterprises sourcing inventory

The programme already has 100,000 sign-ups and adds over 5,000 new buyers daily

CarTrade Tech's wholly owned subsidiary OLX India launched Elite Buyer for Businesses on 14 September 2026.
The programme targets dealers, resellers, and enterprises sourcing inventory across cars, bikes, real estate, electronics, mobiles, and jobs.
It bundles AI tools including VAYA Matchmaking, Price Intelligence, and Condition Check.
The Elite Buyer programme had 80,000 sign-ups by May 2026 and 100,000 by July 2026.
As of September 2026, it is adding over 5,000 new buyers daily.
No fresh equity issuance, debt instrument, or regulatory approval was required for this programme.

India's used vehicle market has grown substantially, with used car sales volumes consistently exceeding new car sales in recent years.
Integration of AI-based valuation and matchmaking tools reflects a sector shift toward data-led transactional models in India's digital economy.
Varun Sanghi, Chairman of OLX India, called the current build 'only the foundation' with more AI and marketplace data integration planned.

CarTrade Tech operates platforms including CarWale, BikeWale, Shriram Automall, and OLX India.
These platforms serve over 80 million monthly unique users.
Its consumer marketplaces hold over 63% of India's online used car listings.
Its remarketing platforms facilitate over 1.5 million vehicle auctions annually across 500+ physical locations.
The company makes money through listing fees, auction commissions, and value-added services.

Varun Sanghi said the current build is 'only the foundation' with more AI and marketplace data integration planned.