CarTrade.com
CarTrade.com is an Indian online auto classifieds platform serving as a marketplace for users interested in buying and selling new and used vehicles. Headquartered in Mumbai, the company also owns other vehicle trading platforms such as CarWale, BikeWale and CarTradeExchange, the omnichannel vehicle auction company Shriram Automall, the vehicle inspection company Adroit Auto, and the customer relationship management tool AutoBiz. History 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. 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. In January 2018, CarTrade acquired a 51% stake in Shriram Automall from Shriram Group. This acquisition made CarTrade India's largest online and physical marketplace for cars. In August 2021, CarTrade Tech Limited launched its initial public offering (IPO) and got listed on NSE and BSE. In February 2023, CarTrade set up CarTrade Ventures to acquire and invest in automotive technology companies. In July 2023, CarTrade acquired OLX