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CarTrade Tech Ltd is a multi-channel auto platform provider company with coverage and presence across vehicle types and Value Added Services. The company operates various brands such asCarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz.The platform connects new and used automobile customers, vehicle dealers, vehicle OEMs, and other businesses to buy and sell different types of…
CarTrade Tech Q1FY27 results: Total Income record ₹230 Cr (+16% YoY). EBITDA up 45% to ₹63 Cr (31% margin), PAT up 21% to ₹57 Cr. All verticals, especially OLX India, delivered strong growth. Company launched VAYA AI to enhance customer experience.
CarTrade Tech partnered with Spinny to transform India's used car market. CarWale and OLX India will integrate Spinny's offerings, enhancing buying/selling for over 23 million annual users. This strategic move aims for a more seamless and trusted used-car ecosystem.
CarTrade Tech's OLX India partnered with IDFC FIRST Bank to launch used-car loans. This aims to boost affordability and seamless transactions for millions of buyers in India's growing 4-5 lakh-crore used-car market, enhancing market access.
CarTrade Tech launched "CarTrade Used Auto," unifying CarWale and OLX India to streamline used-car transactions (Buy, Sell, Exchange, Finance). This asset-light platform targets India's massive used-car market, aiming for ~2 million annual transactions with a potential value of over 120,000 Cr.
Cartrade Tech Limited has informed the Exchange regarding a press release dated Jun 05, 2026, titled "OLX India s Elite Buyer Sign-ups Cross 80,000 in May 2026".