Unicorns on Wheels: What’s Fueling India’s Pre-Owned Car Startup Boom?
India’s pre-owned car market has witnessed explosive growth over the last few years, with several startups reaching unicorn status, including Cars24, CarDekho, Droom, and Spinny. But why is this happening, and is this trend sustainable in the current economic environment? To answer this, we’ll dive into the factors driving this success and analyze the latest