About CarTrade Exchange
CarTrade Exchange is a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 2009. Operator of an online platform for vehicle auctions and listing services. It operates in the Transportation, Automotive & Logistics and Retail sectors. CarTrade Exchange has raised $13 million across 3 funding rounds from investors including Canaan, Tiger Global and Ephiphany Ventures. The company has 158 employees. Its website cartradeexchange.com draws about 88 thousand monthly visits. Its Indian entity Cartradeexchange Solutions Private Limited reported revenue of ₹29.58 Cr. Its focus areas include Consumer, Auto E-Commerce & Content, Second Hand Vehicles and Cars. Its competitors include Droom, CarTrade Tech and Mahindra First Choice; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Mumbai, India
- Employees 158
- SectorsTransportation, Automotive & LogisticsRetail
- Website category Vehicles
- Phone•••• ••••
- Website cartradeexchange.com
- Social LinkedIn X
- Legal Name Cartradeexchange Solutions Private Limited
- Date of Incorporation 19 Oct, 2012
- Jurisdiction Navi Mumbai, Maharashtra, India
- Annual Revenue₹29.58 Cr
FY 2025 · +16% YoY
- Net Profit₹9.80 Cr
FY 2025 · 33% margin
- EBITDA₹14.10 Cr
FY 2025 · 48% margin
- Total Equity Funding$13M (USD)
in 3 rounds
- Latest Funding Round$13M (USD), Series C
Aug 2011
- InvestorsCanaan
& 3 more
- Employee Count158
Associated legal entities of CarTrade Exchange
CarTrade Exchange is associated with 2 registered companies on The Company Check; the primary company is Cartradeexchange Solutions Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cartradeexchange Solutions Private Limited CIN U74120MH2012PTC237037 | Active | 19 Oct 2012 | Navi Mumbai, Maharashtra | ₹29.6 Cr | 158 | 3 | View details |
| Cartrade Tech Limited Listed CIN L74900MH2000PLC126237 | Active | 28 Apr 2000 | Thane, Maharashtra | ₹870 Cr | 1,016 | 9 | View details |
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.
- Total Funding $13M
- Total Rounds 3
- Last Round Series C — $13M
- Investors Count 4
All 3 funding rounds of CarTrade Exchange with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2011 | $13M | Series C | – | Tiger Global Management | |
| Dec 2010 | Series B | – | Canaan, Ephiphany Ventures | – | |
| Dec 2009 | Series A | – | Canaan |
4 investors in total: 3 institutional and 1 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Canaan is recognized as an early-stage venture capital firm. | 1987 | canaan.com | San Francisco, United States | |
Tech focused VC firm investing in early stage companies in India | epiphanyventures.in | Mumbai, India | ||
AL Austin Ligon | Angel investor, co-founder of CarMax, active in Indian startup ecosystem | unknown_e979ebe3844044cf8 |
Investor details for CarTrade Exchange
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Cartradeexchange Solutions Private Limited (CarTrade Exchange)
Cartradeexchange Solutions Private Limited is the primary company behind CarTrade Exchange. The boards of the 2 registered companies of CarTrade Exchange currently have 10 directors; the longest-serving is Vinay Vinod Sanghi, appointed in 2009. 26 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vinay Vinod Sanghi DIN 00309085 | Managing Director | 06 Jul 2009 | 17 yrs 3 mo | Cartrade Tech Limited |
| Victor Anthony Perry Iii DIN 06992828 | Director | 22 Oct 2014 | 12 yrs | Cartrade Tech Limited |
| Rajeev Kumar DIN 07974723 | Director | 12 Mar 2018 | 8 yrs 7 mo | Cartradeexchange Solutions Private Limited |
| Aneesha Bhandary DIN 07779195 | Director | 23 Apr 2021 | 5 yrs 6 mo | Cartrade Tech Limited |
| Vivek Gul Asrani DIN 00114447 | Director | 23 Apr 2021 | 5 yrs 6 mo | Cartrade Tech Limited |
| Kishori Jayendra Udeshi DIN 01344073 | Director | 23 Apr 2021 | 5 yrs 6 mo | Cartrade Tech Limited |
| Lakshminarayanan Subramanian DIN 02808698 | Director | 12 May 2021 | 5 yrs 5 mo | Cartrade Tech Limited |
| Reema Prafulchandra Desai DIN 09642893 | Director | 24 Jul 2023 | 3 yrs 3 mo | Cartradeexchange Solutions Private Limited |
| Kalyan Kumar Malla DIN 08560622 | Director | 31 Jul 2023 | 3 yrs 2 mo | Cartradeexchange Solutions Private Limited |
| Steven Douglas Greenfield DIN 10916964 | Director | 01 Apr 2025 | 1 yr 6 mo | Cartrade Tech Limited |
Financials of CarTrade Exchange
Figures of Cartradeexchange Solutions Private Limited, the primary company behind CarTrade Exchange, for FY 2025. Revenue was ₹29.58 Cr (+16% year on year). Net profit was ₹9.80 Cr (33% margin). EBITDA was ₹14.10 Cr (48% margin). Revenue has grown at a compounded annual rate of +14% over three years and +18% over five years.
- ₹29.58 CrRevenue · FY 2025 · +16% YoY
- ₹9.80 CrNet profit · 33% margin
- ₹14.10 CrEBITDA · 48% margin
- ₹4.5 LakhPaid-up capital
- 158Employees (provident fund records)
- +14%Revenue CAGR, 3 years
- +18%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Cartradeexchange Solutions Private Limited are on its company page.
Detailed financial statements for CarTrade Exchange
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of CarTrade Exchange
3 dated milestones of CarTrade Exchange across 2 years, from founding to its latest funding, stage changes and deals.
- Founded CarTrade Exchange is founded.
- Funding First funding round.
- Funding Latest funding round, Series C, of $13.0M.
Competitors of CarTrade Exchange
CarTrade Exchange has 3 listed competitors in our database, 3 of them funded. They include Droom, CarTrade Tech and Mahindra First Choice.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| droom.in | 2014 | Gurugram, India | $344.27M | 156 | Used vehicles are bought and sold through an AI platform. | |
| cartradetech.com | 2006 | Mumbai, India | $327.94M | 1,140 | Online marketplace for used cars | |
| mahindrafirstchoice.com | 1994 | Mumbai, India | $72.26M | 634 | Multi-brand used cars are traded via an online marketplace platform. |
Detailed competitors of CarTrade Exchange
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of CarTrade Exchange
The website of CarTrade Exchange (cartradeexchange.com) receives about 87.6K visits a month and ranks #305,723 among all websites worldwide, #7,310 in Vehicles.
- Monthly visits87.6K
▲ 5% vs previous month
- Unique visitors11.7K
per month
- Global rank#305,723
among all websites
- Category rank#7,310
Vehicles · Vehicles
- Bounce rate17%
- Pages per visit9.2
- Average visit9 min 23 sec
- DevicesDesktop 70% · Mobile 30%
Websites whose visitors overlap most with CarTrade Exchange. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ediig.com | 100% | 40.2K | #584,730 | View details | |
| autoauctionindia.com | 82% | #1,801,309 | View details | ||
| selectautomart.com | 70% | 3.1K | #3,937,049 | View details | |
cartrade.co.in | cartrade.co.in | 67% | – | ||
| mahindrafirstchoice.com | 65% | 174.3K | #214,761 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 16 similar websites and full traffic analytics for CarTrade Exchange
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 16 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Automotive Retail & Aftersales
3 companies that operate in the same segment as CarTrade Exchange (Automotive Retail & Aftersales) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
General and life insurance products are provided across multiple categories. | 2016 | Bengaluru, Karnataka, India | USD 462.45 M | USD 1.12 B | 4,589 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 741.46 M | USD 446.48 M | 5,812 |
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Related news about 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.
CarTrade Exchange has 158 employees.
The primary company behind CarTrade Exchange, Cartradeexchange Solutions Private Limited, reported revenue of ₹29.58 Cr for FY 2025, up 16% year on year.
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 Droom, CarTrade Tech and Mahindra First Choice.
CarTrade Exchange has 4 investors. Key investors include Canaan, Tiger Global, Ephiphany Ventures, and Austin Ligon.
CarTrade Exchange is associated with 2 legal entities: Cartradeexchange Solutions Private Limited, Cartrade Tech Limited.
The legal entities of CarTrade Exchange currently have 11 directors, including Kalyan Kumar Malla, Rajeev Kumar, Reema Prafulchandra Desai and others.