CarTrade.com

A rise in cost of capital has already weighed on the related stocks all across the globe over the past few months

Despite the likelihood of an aggressive rate hike by the US Federal Reserve (US Fed), a correction in equity markets, analysts expect the primary market action to stay on track, albeit a minor hiccup

CarTrade is an electronic exchange focusing on auto sector and thus there is no peer company having similar business operations

Will use funds to buy smaller firms in used and new car space, and for car financing

Around 9,000 new and used car dealers are listed on CarTrade, including 7,500 used car dealers