250:
224:
198:
29:
392:
Along with car listings, the portal also offers car price information, certification, insurance, used car finance, comparisons, on-road prices, and reviews. The used car certification program is jointly conducted by CarTrade engineers and sellers who inspect the initial condition of
322:
In August 2009, Vinay Sanghi and Rajan Mehra established a used vehicle platform called MotorExchange.in. The company acquired used car marketplace CarTradeIndia.com in the same month. The two platforms were rebranded as CarTradeExchange.com and CarTrade.com respectively in 2014.
326:
In
November 2015, CarTrade acquired CarWale, an online classifieds portal, and its associated websites in an all-cash deal. In May 2017, CarTrade acquired vehicle inspection and valuation venture Adroit Inspection in an all-cash deal.
382:(B2C) operations. The service is divided into two sets – CarTrade.com, the B2C portal where users can buy and sell new and used cars, and CarTradeExchange.com, the B2B dealer portal which allows dealers to manage their online
664:
1051:
715:
741:
389:
Other than the online marketplace, it has physical presence with a network of over 4,000 dealers across 80 cities in India. The website currently lists over 1,65,000 certified used cars.
815:
397:
at different levels, and a detailed condition report is presented as part of the online listing. CarTrade also provides similar services for bikes (new and used) on
Bikewale portal.
1056:
892:
916:
794:
637:
1026:
689:
79:
366:(US$ 64 million). In October 2023, CarTrade announced the closure of OLX India's auto sales division but continued to operate the OLX classifieds platform.
1021:
966:
1046:
509:
534:
1061:
842:
611:
819:
902:
768:
1016:
215:
1041:
476:
342:
56:
560:
1031:
451:
302:, the company also owns other vehicle trading platforms such as CarWale, BikeWale and CarTradeExchange, the omnichannel
298:
platform serving as a marketplace for users interested in buying and selling new and used vehicles. Headquartered in
665:"CarTrade acquires 51 per cent in Shriram Automall to create India's largest online vehicle transaction platform"
1036:
352:
In
February 2023, CarTrade set up CarTrade Ventures to acquire and invest in automotive technology companies.
338:
346:
65:
586:
379:
375:
92:
971:
897:
307:
410:
60:
847:
426:
417:
is also a founder-director in CarTrade. It has received funding from various investors like
334:. This acquisition made CarTrade India's largest online and physical marketplace for cars.
418:
941:
69:
405:
CarTrade.com is promoted by its founder and CEO, Vinay Sanghi, who is the former CEO of
716:"CarTrade launches CarTrade Ventures, plans to invest Rs 750 crore in automotive space"
434:
406:
39:
1010:
331:
47:
587:"CarTrade raises Rs 185 cr from Warburg Pincus, Tiger Global & Canaan Partners"
430:
422:
303:
295:
124:
241:
893:"Singapore's Temasek, March Capital lead Rs 950-crore investment in CarTrade"
742:"CarTrade Tech says it owns classifieds platform OLX's entire India business"
868:
28:
917:"CarTrade.com raises $ 30M from Warburg Pincus, Canaan & Tiger Global"
816:"Cartrade com showcases its wide choice of used cars through its latest"
330:
In
January 2018, CarTrade acquired a 51% stake in Shriram Automall from
383:
446:
299:
120:
795:"Cartrade.com plans to launch multiple products on mobile platform"
769:"CarTrade To Shut OLX's Auto Sales Business On Unit Economics Woes"
414:
394:
356:
311:
1001:
995:
989:
1052:
Companies listed on the
National Stock Exchange of India
638:"CarTrade acquires vehicle inspection Adroit Inspection"
413:
at
Nirvana Venture Advisors and former country Head of
942:"CarTrade open to more acquisitions in auto, autotech"
280:
690:"No IPO magic for CarTrade, loses 7.3% on debut day"
561:"B2B Auto Biz MotorExchange Acquires CarTradeIndia"
337:In August 2021, CarTrade Tech Limited launched its
275:
265:
239:
213:
191:
183:
151:
141:
131:
116:
106:
98:
88:
78:
45:
35:
843:"Pre-owned luxury cars gain traction among buyers"
359:India's classifieds and auto sales business for
310:company Adroit Auto, and the classifieds portal
477:"Investor Presentation - Q4 FY24 Quarter ended"
1057:Companies listed on the Bombay Stock Exchange
967:"CarTrade to venture into used-car financing"
8:
21:
510:"Used-car market rides the technology wave"
27:
20:
1027:Internet properties established in 2009
503:
501:
463:
767:Bhatnagar, Rishabh (25 October 2023).
535:"Motor exchange: Trading in used cars"
471:
469:
467:
7:
1022:Indian companies established in 2009
533:Gooptu, Biswarup (22 October 2010).
374:CarTrade operates as a platform for
1047:2010 establishments in Maharashtra
841:Mohile, Shally (28 October 2014),
663:Thakkar, Ketan (25 January 2018).
14:
612:"CarTrade acquires rival CarWale"
409:First Choice. Rajan Mehra, an Ex-
559:Pahwa, Nikhil (11 August 2009).
355:In July 2023, CarTrade acquired
249:
248:
223:
222:
197:
196:
16:Indian motorcar-trading platform
901:. 11 April 2016. Archived from
793:Das, Sohini (3 November 2014).
508:Das, Sohini (20 January 2014),
421:, Epiphany Overseas Ventures,
306:company Shriram Automall, the
147:Vinay Sanghi (Chairman and MD)
1:
1062:2021 initial public offerings
585:SN, Vikas (14 October 2014).
452:Automotive industry in India
1078:
1017:Companies based in Mumbai
294:is an Indian online auto
26:
1042:Warburg Pincus companies
341:(IPO) and got listed on
486:. CarTrade Tech Limited
339:initial public offering
187:Online auto classifieds
259:(US$ 9.8 million)
233:(US$ 20 million)
207:(US$ 66 million)
380:business-to-consumer
376:business-to-business
1032:Automotive websites
905:on 18 January 2016.
267:Number of employees
23:
972:The Economic Times
898:The Economic Times
746:The Economic Times
722:. 23 February 2023
720:The Economic Times
694:The Economic Times
669:The Economic Times
642:The Economic Times
618:. 14 November 2015
616:The Times of India
539:The Economic Times
308:vehicle inspection
429:, March Capital,
289:
288:
1069:
1002:Bikewale website
998:
990:Official website
977:
976:
975:. 11 April 2016.
963:
957:
956:
954:
952:
938:
932:
931:
929:
927:
913:
907:
906:
889:
883:
882:
881:
879:
865:
859:
858:
857:
855:
838:
832:
831:
829:
827:
818:. Archived from
812:
806:
805:
803:
801:
790:
784:
783:
781:
779:
764:
758:
757:
755:
753:
738:
732:
731:
729:
727:
712:
706:
705:
703:
701:
696:. 21 August 2021
686:
680:
679:
677:
675:
660:
654:
653:
651:
649:
634:
628:
627:
625:
623:
608:
602:
601:
599:
597:
582:
576:
575:
573:
571:
556:
550:
549:
547:
545:
530:
524:
523:
522:
520:
505:
496:
495:
493:
491:
481:
473:
365:
363:
285:
282:
260:
258:
256:
252:
251:
234:
232:
230:
226:
225:
216:Operating income
208:
206:
204:
200:
199:
173:CarTradeExchange
167:Shriram Automall
31:
24:
1077:
1076:
1072:
1071:
1070:
1068:
1067:
1066:
1037:Used car market
1007:
1006:
996:Carwale website
994:
986:
981:
980:
965:
964:
960:
950:
948:
940:
939:
935:
925:
923:
915:
914:
910:
891:
890:
886:
877:
875:
867:
866:
862:
853:
851:
840:
839:
835:
825:
823:
814:
813:
809:
799:
797:
792:
791:
787:
777:
775:
766:
765:
761:
751:
749:
740:
739:
735:
725:
723:
714:
713:
709:
699:
697:
688:
687:
683:
673:
671:
662:
661:
657:
647:
645:
636:
635:
631:
621:
619:
610:
609:
605:
595:
593:
584:
583:
579:
569:
567:
558:
557:
553:
543:
541:
532:
531:
527:
518:
516:
507:
506:
499:
489:
487:
479:
475:
474:
465:
460:
443:
419:Canaan Partners
403:
372:
361:
360:
320:
304:vehicle auction
279:
268:
254:
253:
247:
244:
228:
227:
221:
218:
202:
201:
195:
179:
144:
134:
111:
74:
50:
17:
12:
11:
5:
1075:
1073:
1065:
1064:
1059:
1054:
1049:
1044:
1039:
1034:
1029:
1024:
1019:
1009:
1008:
1005:
1004:
999:
992:
985:
984:External links
982:
979:
978:
958:
933:
908:
884:
860:
833:
822:on 1 July 2015
807:
785:
759:
748:. 13 July 2023
733:
707:
681:
655:
629:
603:
577:
551:
525:
497:
462:
461:
459:
456:
455:
454:
449:
442:
439:
435:Warburg Pincus
402:
399:
371:
368:
319:
316:
287:
286:
277:
273:
272:
269:
266:
263:
262:
245:
240:
237:
236:
219:
214:
211:
210:
193:
189:
188:
185:
181:
180:
178:
177:
174:
171:
168:
165:
162:
159:
155:
153:
149:
148:
145:
142:
139:
138:
135:
132:
129:
128:
118:
114:
113:
108:
104:
103:
100:
96:
95:
90:
86:
85:
82:
76:
75:
73:
72:
63:
53:
51:
46:
43:
42:
37:
33:
32:
15:
13:
10:
9:
6:
4:
3:
2:
1074:
1063:
1060:
1058:
1055:
1053:
1050:
1048:
1045:
1043:
1040:
1038:
1035:
1033:
1030:
1028:
1025:
1023:
1020:
1018:
1015:
1014:
1012:
1003:
1000:
997:
993:
991:
988:
987:
983:
974:
973:
968:
962:
959:
947:
943:
937:
934:
922:
918:
912:
909:
904:
900:
899:
894:
888:
885:
874:
870:
864:
861:
850:
849:
844:
837:
834:
821:
817:
811:
808:
796:
789:
786:
774:
770:
763:
760:
747:
743:
737:
734:
721:
717:
711:
708:
695:
691:
685:
682:
670:
666:
659:
656:
643:
639:
633:
630:
617:
613:
607:
604:
592:
588:
581:
578:
566:
562:
555:
552:
540:
536:
529:
526:
515:
514:cartrade.com/
511:
504:
502:
498:
485:
478:
472:
470:
468:
464:
457:
453:
450:
448:
445:
444:
440:
438:
436:
432:
428:
424:
420:
416:
412:
408:
400:
398:
396:
390:
387:
385:
381:
377:
369:
367:
358:
353:
350:
348:
344:
340:
335:
333:
332:Shriram Group
328:
324:
317:
315:
313:
309:
305:
301:
297:
293:
284:
278:
274:
270:
264:
246:
243:
238:
220:
217:
212:
194:
190:
186:
182:
175:
172:
169:
166:
163:
160:
157:
156:
154:
150:
146:
140:
136:
130:
126:
122:
119:
115:
109:
105:
101:
97:
94:
91:
87:
83:
81:
77:
71:
67:
64:
62:
58:
55:
54:
52:
49:
44:
41:
38:
34:
30:
25:
19:
970:
961:
949:. Retrieved
945:
936:
924:. Retrieved
920:
911:
903:the original
896:
887:
876:, retrieved
873:cartrade.com
872:
863:
852:, retrieved
846:
836:
824:. Retrieved
820:the original
810:
798:. Retrieved
788:
776:. Retrieved
772:
762:
750:. Retrieved
745:
736:
724:. Retrieved
719:
710:
698:. Retrieved
693:
684:
672:. Retrieved
668:
658:
646:. Retrieved
644:. 4 May 2017
641:
632:
620:. Retrieved
615:
606:
594:. Retrieved
590:
580:
568:. Retrieved
564:
554:
542:. Retrieved
538:
528:
517:, retrieved
513:
488:. Retrieved
483:
431:Austin Ligon
423:Tiger Global
404:
391:
388:
386:and sales.
373:
354:
351:
336:
329:
325:
321:
292:CarTrade.com
291:
290:
117:Headquarters
110:Vinay Sanghi
84:INE290S01011
36:Company type
18:
951:28 December
773:NDTV Profit
700:28 December
622:24 November
570:28 December
544:28 December
519:28 December
296:classifieds
170:Adroit Auto
133:Area served
125:Maharashtra
112:Rajan Mehra
1011:Categories
926:13 October
869:"About Us"
800:3 November
458:References
415:eBay India
378:(B2B) and
242:Net income
143:Key people
93:Automotive
946:LiveIndia
921:VC Circle
648:11 August
591:MediaNama
565:MediaNama
401:Promoters
364:537 crore
312:OLX India
231:164 crore
205:555 crore
176:OLX India
48:Traded as
726:16 March
596:16 March
441:See also
407:Mahindra
384:auctions
370:Services
281:cartrade
257:82 crore
184:Services
164:BikeWale
158:CarTrade
152:Products
107:Founders
89:Industry
61:CARTRADE
22:CarTrade
826:25 June
778:26 June
752:26 June
490:26 June
427:Temasek
318:History
276:Website
192:Revenue
161:CarWale
127:, India
99:Founded
68::
59::
878:11 May
854:11 May
674:2 June
447:CARS24
433:, and
300:Mumbai
271:1,400+
261:(FY24)
235:(FY24)
209:(FY24)
121:Mumbai
70:543333
40:Public
480:(PDF)
137:India
953:2023
928:2014
880:2016
856:2016
848:Mint
828:2015
802:2014
780:2024
754:2024
728:2023
702:2023
676:2021
650:2017
624:2015
598:2023
572:2023
546:2023
521:2023
492:2024
395:cars
345:and
283:.com
102:2009
80:ISIN
484:BSE
357:OLX
347:BSE
343:NSE
66:BSE
57:NSE
1013::
969:.
944:.
919:.
895:.
871:,
845:,
771:.
744:.
718:.
692:.
667:.
640:.
614:.
589:.
563:.
537:.
512:,
500:^
482:.
466:^
437:.
425:,
411:MD
349:.
314:.
123:,
955:.
930:.
830:.
804:.
782:.
756:.
730:.
704:.
678:.
652:.
626:.
600:.
574:.
548:.
494:.
362:₹
255:₹
229:₹
203:₹
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
