
Cartrade Tech Ltd
Past performance
About Cartrade Tech Ltd CarTrade Tech Limited, originally incorporated in 2000, is a comprehensive multi-channel auto platform based in Mumbai, India. The company offers a range of services across the automotive transaction value chain, including buying, selling, marketing, valuation, and financing of a wide array of vehicles such as cars, two-wheelers, commercial vehicles, and farm and construction equipment. It operates through multiple platforms, including CarWale, CarTrade, Shriram Automall, BikeWale, and CarTrade Exchange, among others.
CarTrade Tech has expanded its operations through strategic acquisitions, including CarWale and BikeWale in 2016, Adroit Auto in 2017, and Shriram Automall in 2018. In 2021, the company launched its IPO, raising significant capital, and introduced CarWale abSure for quality used cars. In 2023, it acquired OLX's Classifieds and Auto Transactions business in India, further enhancing its digital automotive ecosystem which connects customers, OEMs, dealers, and other stakeholders.
Performance overview
