EP43: Pre-owned Car Business in India, a $ 32Billion opportunity {Amit of OLX CashMyCar & OLX Autos}

Stars & Startups

EP43: {Amit Kumar, BusinessHead of OLX CashMyCar}

On this episode I catch up with Amit to discuss the state of the Used Car business in India and its increasing relevance to the audience while organizing an unorganized segment.

— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — —

→ Don’t forget to subscribe to the Newsletter via stars.substack.com so that you can receive future podcast releases delivered to your inbox!

→ Full episode of the podcast is available on my YouTube Channel

— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — —

OLX Group is a Naspers company, a global consumer internet group and one of the largest technology investors in the world! Take a look at CashMyCar, who offers one of the many services in India that uses a structured approach to assisting those who want to sell their cars.

Would love to hear from you on how you liked the episode! So son't forget to write to me!

Stay Safe!

- V {host is on Twitter @varunvummidi }

Timeline:

02:14 - Used car market in India is growing faster than New car business!

05:00 - Ownership is going up but the need for travel will go down

09:40 - Many businesses are giving up workplaces

13:45 - Trends in Car Ownership

19:05 - Why used cars have a good resale value?

22:31 - Frontier Car Group & the revolution in the used car business

26:20 - Importance of having an Omnichannel process

30:29 - Straddling diff business models

34:05 - Building the market place