CarTrade Tech Ltd.
2,837.95
INR
-122.20
(-4.13%)
ISIN
INE290S01011
Return %
Stock
S&P 500
1Y
12.91
14.20
3Y
340.30
81.12
5Y
125.01
68.34
Capital Structure
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in mil. unless spec.Working Capital
INR
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Vinay Vinod Sanghi
- Full Time Employees
- 1,152
- Sector
- Technology services
- Industry
- Internet software/Services
- Address
- Plot No. D-507, Shree Sawan Knowledge Park Navi Mumbai MA India 400703
- IPO Date
- Aug 23, 2021
- Website
- cartrade.com
- Similar Companies
- Business
- CarTrade Tech Limited operates a multi-channel online automotive platform headquartered in Navi Mumbai, India, founded in 2000. The company provides comprehensive services across the automotive transaction value chain, including buying, selling, marketing, valuation, and financing of new and used vehicles such as cars, two-wheelers, commercial vehicles, and farm and construction equipment. Its offerings include new car original equipment manufacturer (OEM) solutions that enable OEMs to showcase brands, products, and services while providing consumer insights and data-driven digital marketing strategies; new car dealer solutions with content and research tools like car reviews, on-road prices, specifications, images, and finance offers; used car dealer solutions for used vehicle transactions; and dealer management and auto finance technology solutions for OEMs and dealers. CarTrade Tech’s platforms operate under several brand names including CarWale, CarTrade, Shriram Automall, BikeWale, CarTrade Exchange, Adroit Auto, and AutoBiz, serving a broad customer base comprising individual vehicle buyers and sellers, vehicle dealerships, OEMs, financial institutions, insurance companies, leasing companies, and fleet owners. Additional services include inspection and valuation of vehicles for banks and insurance companies through its Adroit platform, as well as online and offline vehicle auctioning encompassing cars, bikes, trucks, farm, and construction equipment. The company also operates the OLX India classifieds platform for the buying and selling of cars, household goods, and job listings. Recent major developments include the acquisition of OLX India’s Classified and Auto Business in India in 2023, enhancing CarTrade Tech’s scale and service offerings in the automotive classifieds and transactions segments. The company has expanded geographically within India and plans further expansion to capture additional market share. It also acquired an automotive certification company to bolster its used vehicle segment and strengthen service quality. In 2021, CarTrade Tech transitioned from a private limited to a public limited company, reflecting its growth and strategic positioning in the market. The company continues to innovate with technology-driven solutions that enhance operational efficiencies and customer experience for OEMs, banks, NBFCs, and fleet operators across India and internationally. CarTrade Tech Limited stands as a significant player in India’s automotive e-commerce and technology ecosystem, with a diverse portfolio of vehicle-related products, services, and technology platforms supporting the entire vehicle lifecycle from acquisition to financing, resale, and valuation. Its expansive footprint and latest acquisitions position it for continued growth in the evolving automotive marketplace.