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Cars24's smart pricing puts India's used car market in fast lane – Nikkei Asia

by Oct 26, 2022Blog0 comments

$3bn unicorn takes AI-powered platform to UAE, Thailand
MUMBAI — Cars24 Services and other Indian startups selling used autos are employing artificial intelligence to inject transparency into a market long plagued by the lack of information, with increased sales reinvigorating the sector.
Cars24’s online platform sets prices for its autos by using AI analysis of data collected from nearly half a million transactions. This helps eliminate anxiety among customers worried about paying too much.
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