About CarTrade Exchange
CarTrade Exchange is a company based in Mumbai (India) founded in 2009. CarTrade Exchange has raised $13 million across 3 funding rounds from investors including Canaan, Tiger Global and Ephiphany Ventures. The company has 158 employees as of April 08, 2024. CarTrade Exchange operates in a competitive market with competitors including ACV Auctions, Droom, CarTrade Tech, Mahindra First Choice and SAMIL, among others.
- Headquarter Mumbai, India
- Employees 158 as on 08 Apr, 2024
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Sectors
Transportation, Automotive & LogisticsRetail
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Phone
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Website
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Social
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- Legal Name Cartradeexchange Solutions Private Limited
- Date of Incorporation 19 Oct, 2012
- Jurisdiction Navi Mumbai, Maharashtra, India
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Annual Revenue
$3.25 M (USD)34.93as on Mar 31, 2023
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Net Profit
$855.22 K (USD)326.23as on Mar 31, 2023
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EBITDA
$955.67 K (USD)416.36as on Mar 31, 2023
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Total Equity Funding
$13 M (USD)
in 3 rounds
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Latest Funding Round
$13 M (USD), Series C
Aug 30, 2011
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Investors
Canaan
& 3 more
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Employee Count
158
as on Apr 08, 2024
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Funding Insights of CarTrade Exchange
CarTrade Exchange has successfully raised a total of $13M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $13 million completed in August 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in CarTrade Exchange
CarTrade Exchange has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Canaan, Tiger Global and Ephiphany Ventures.
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Venture and private equity investments are managed with global diversification.
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Canaan is recognized as an early-stage venture capital firm.
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Tech focused VC firm investing in early stage companies in India
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Investor details for CarTrade Exchange
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Investments & Acquisitions by CarTrade Exchange
Investment portfolio details for CarTrade Exchange
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Financial Statements - CarTrade Exchange
Detailed financials for CarTrade Exchange
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Cartrade Exchange Comparisons
Peer comparison for CarTrade Exchange
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Competitors of CarTrade Exchange
CarTrade Exchange operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ACV Auctions, Droom, CarTrade Tech, Mahindra First Choice and SAMIL, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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B2B online auctions for car dealers' inventory are facilitated.
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Used vehicles are bought and sold through an AI platform.
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Online marketplace for used cars
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Multi-brand used cars are traded via an online marketplace platform.
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App-based bidding for used vehicles and equipment is enabled.
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Detailed competitors of CarTrade Exchange
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Cartrade Exchange
Complete news archive for CarTrade Exchange
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Frequently Asked Questions about CarTrade Exchange
CarTrade Exchange was founded in 2009.
CarTrade Exchange is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
CarTrade Exchange is a funded company, having raised a total of $13M across 3 funding rounds to date.
As of Apr 08, 2024, the latest employee count at CarTrade Exchange is 158.
Annual revenue of CarTrade Exchange is $3.25M as on Mar 31, 2023.
CarTrade Exchange was founded in 2009 and is headquartered in Mumbai, India. Operations are centered in the automotive sector, where an online platform is maintained for vehicle auctions and listing services. Sales of vehicles are enabled through digital auctions, while used vehicles are listed for potential buyers. The platform supports transactions across India, with domain access available at cartradeexchange.com.
CarTrade Exchange's top competitors include ACV Auctions, Droom and CarTrade Tech.
CarTrade Exchange has 4 investors. Key investors include Canaan, Tiger Global, Ephiphany Ventures, and Austin Ligon.