Finelistings Tech partners with Hanura Tradex for used luxury car retail
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Finelistings Technologies has signed a Business Collaboration Agreement with Hanura Tradex, a sole proprietorship of Mr. Prince Bharana engaged in retailing used premium and high-end luxury cars. The deal aims to expand FTL's business and tap growth in the used luxury car segment. Net profit from each vehicle will be split 70:30, with Hanura Tradex getting the larger share. No equity, shareholding, or related party involvement; the agreement outlines roles, coordination, and commercial terms.
Entry into used luxury car retail — a new vertical for FTL. Earnings impact depends on scale; FTL gets a minority 30% share of net profits per vehicle.