ALSO READ TECH NEWSLETTER OF THE DAY On Monday, Facebook, WhatsApp and Instagram went offline for six hours. That was only the second worst thing to happen to the social media behemoth this week. Its fintech platform is the fourth largest used car retail loan originator in India, behind HDFC Bank, ICICI Bank and Mahindra Finance.Spokespersons for Cardekho and AIA did not respond to emails seeking comment. Ola is the newest entrant in this space.As many as 4.4 million used cars are sold in India every year. The company aims to sell a minimum of 4,000-5,000 vehicles every month on its ecommerce platform by the end of this fiscal, ET had previously reported

Source: Economic Times October 08, 2021 12:28 UTC