CarTrade Tech

Mumbai, India Founded: 2006 • Age: 20 yrs Listed
Online marketplace for used cars
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About CarTrade Tech

CarTrade Tech is a publicly listed company based in Mumbai (India) founded in 2006 by Vinay Sanghi. Online marketplace for used cars. CarTrade Tech has raised $327.94 million across 9 funding rounds from investors including IIFL Finance, MassMutual and J P Morgan. The company has 462 employees. CarTrade Tech has completed 1 acquisition, including Sobek Auto India. CarTrade Tech was last valued at $961.75 million in April 2021. Its chief executive, as recorded, is Vinay Sanghi. Its Indian entity Cartrade Tech Limited reported revenue of ₹870 Cr. Its focus areas include Auto, Auto Retail & Aftersales, Dealership and Cars. Its competitors include CarDekho, Spinny and CarWale; 3 of its 3 listed competitors have raised funding.

Company details

CarTrade Tech was established in 2006 in Mumbai, India, as an online marketplace focused on the automotive sector. Used cars and vehicles are facilitated for listing, searching, selling, and purchasing by users through the platform. Operations center on connecting buyers and sellers digitally, with services extending across India to support vehicle transactions in the pre-owned market.

  • Headquarters Mumbai, India
  • Employees 462
  • Founders Vinay Sanghi
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    •••• ••••
  • Website cartradetech.com
  • Social LinkedIn
  • Legal Name Cartrade Tech Ltd.
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail & Aftersales
Key Metrics
  • Market Cap
    ₹13,143 Cr

    CARTRADE · NSE

  • Share Price
    ₹2,633.20

    -2.60% today

  • Revenue
    ₹779 Cr

    FY 2025-26 · +21.5% YoY

  • EBITDA
    ₹251 Cr

    Margin 32.2%

  • Net Profit
    ₹227 Cr

    FY 2025-26 · +70.4% YoY

  • P/E (TTM)
    55.1x

    P/B 5.0x

  • ROE
    10.1%

    ROCE 11.8%

  • Debt / Equity
    0.06

    Interest cover 6.2x

  • Total Equity Funding
    $327.94M (USD)

    in 9 rounds

  • Latest Funding Round
    $30.9M (USD), Series H

    Apr 2021

  • Investors
    IIFL Finance

    & 20 more

  • Employee Count
    462
  • Investments & Acquisitions
    Sobek Auto India

Funding Insights of CarTrade Tech

CarTrade Tech has successfully raised a total of $327.94M across 9 strategic funding rounds. The most recent funding activity was a Series H round of $30.9 million completed in April 2021. 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 $327.94M
  • Total Rounds 9
  • Last Round Series H — $30.9M
  • First Round $1.03M

    (Dec 2009)

  • Investors Count 21

All 9 funding rounds of CarTrade Tech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2021$30.9MSeries H$961.75MMalabar Investments
IIFL Finance
Jun 2020$42.89MSeries H$535.49MTemasek, Warburg Pincus
–
Feb 2017$55MSeries G$•••••Temasek
Warburg Pincus, March Capital
Apr 2016$4.99MSeries E$•••••Parkwood
MSF Private Equity Fund
Aug 2015$145MSeries E$•••••Temasek, Marche Capital
Warburg Pincus, MassMutual
Aug 2014$30.18MSeries D$•••••Warburg Pincus
Tiger Global Management, Canaan
Aug 2011$13MSeries C$•••••Tiger Global Management
Canaan
Dec 2010$4.94MSeries B$•••••Canaan, Ephiphany Ventures
–
Dec 2009$1.03MSeries A$•••••Canaan
Dan Neary, Austin Ligon
Valuation history
DateValuationStage
Apr 2021$961.75M••••••••
Jun 2020$535.49M••••••••
Feb 2017$•••••••••••••
Apr 2016$•••••••••••••
Aug 2015$•••••••••••••
Aug 2014$•••••••••••••
Aug 2011$•••••••••••••
Dec 2010$•••••••••••••
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Full valuation and stage history of CarTrade Tech

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

  • All valuation points
  • Stage changes
  • Dates
  • Exports

Verified entity values are shown only after access is granted.

Last known valuation $961.75M (Apr 2021). 21 investors in total: 15 institutional and 6 angel.

Investors in CarTrade Tech

CarTrade Tech has secured backing from 21 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include IIFL Finance, MassMutual and J P Morgan.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Malabar Investments
Long/short and event-driven equity hedge fund and private equity firm focused on small to mid size companies
malabarinvest.comNew York, United States
Temasek
An investment platform is provided for diverse sectors and geographies.
1974temasek.com.sgSingapore, Singapore
Warburg Pincus
Multi-stage private equity investments are pursued across diverse sectors.
1966warburgpincus.comNew York, United States
March Capital
Venture capital firm investing in multiple sectors
marchcp.comSanta Monica, United States
Marche Capital
Tech-focused VC firm investing in geographies such as Italy and the US
marchecapital.itOsimo, Italy
Tiger Global
Venture and private equity investments are managed with global diversification.
tigerglobal.comNew York, United States
Canaan
Canaan is recognized as an early-stage venture capital firm.
1987canaan.comSan Francisco, United States
Ephiphany Ventures
Tech focused VC firm investing in early stage companies in India
epiphanyventures.inMumbai, India
IIFL Finance
Online gold, home, personal, and business loans are provided.
1995iifl.comMumbai, India
J P Morgan
Comprehensive financial services are provided to corporations and individuals.
1799jpmorgan.comNew York, United States
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Investor details for CarTrade Tech

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Cartrade Tech Limited (CarTrade Tech)

Cartrade Tech Limited is the primary company behind CarTrade Tech. The board of Cartrade Tech Limited currently have 7 directors; the longest-serving is Vinay Vinod Sanghi, appointed in 2009. 14 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Vinay Vinod Sanghi
DIN 00309085
Managing Director06 Jul 200917 yrs 4 moCartrade Tech Limited
Victor Anthony Perry Iii
DIN 06992828
Director22 Oct 201412 yrsCartrade Tech Limited
Aneesha Bhandary
DIN 07779195
Director23 Apr 20215 yrs 6 moCartrade Tech Limited
Vivek Gul Asrani
DIN 00114447
Director23 Apr 20215 yrs 6 moCartrade Tech Limited
Kishori Jayendra Udeshi
DIN 01344073
Director23 Apr 20215 yrs 6 moCartrade Tech Limited
Lakshminarayanan Subramanian
DIN 02808698
Director12 May 20215 yrs 6 moCartrade Tech Limited
Steven Douglas Greenfield
DIN 10916964
Director01 Apr 20251 yr 7 moCartrade Tech Limited

People of CarTrade Tech

2 people are tracked at CarTrade Tech (2 in leadership); the tracked headcount is 462.

NameRoleGroup
Vinay Sanghi
Founder & CEO & Managing DirectorLeadership
Amit Kumar
Managing Director & Chief Executive Officer OLX IndiaLeadership
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Complete people profiles for CarTrade Tech

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

IPO & Listings of CarTrade Tech

CarTrade Tech is a publicly listed company on the NSE with ticker symbol CARTRADE in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date20 Aug 2021
  • Listed onBSE: 543333 · NSE: CARTRADE
  • Listed entityCarTrade Tech Ltd.
  • Exchange sectorTechnology services
  • ISININE290S01011
  • Share price₹3,151.50 (-0.04% on the day) · 2026-10-14
  • Market capitalisation₹15,299 Cr
  • Price to earnings68.1
  • EPS (diluted, trailing year)₹46.26
  • Volume (last session)272,212

Financials of CarTrade Tech

Exchange-reported figures of Cartrade Tech Limited, the listed company behind CarTrade Tech (NSE: CARTRADE).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹779 Cr
+21.5% YoY
EBITDA
₹251 Cr
+65.6% YoY
Profit After Tax
₹227 Cr
+70.4% YoY
Net Worth
₹2,483 Cr
+11.8% YoY
Total Assets
₹2,783 Cr
+12.4% YoY
Total Debt
₹140 Cr
+6.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue779641490364313250298
Revenue growth+21.5%+30.9%+34.7%+16.3%+25.3%-16.3%-
EBITDA25115218.2533.96(133)39.7540.31
EBITDA margin+32.2%+23.7%+3.7%+9.3%-42.7%+15.9%+13.5%
Profit before tax29016835.8960.56(119)46.9838.90
Net profit2271336.3633.76(133)92.3811.47
Net profit margin+29.2%+20.8%+1.3%+9.3%-42.5%+37.0%+3.9%
EPS (₹)46.5828.383.057.26(28.33)258.0763.43
Balance sheet
Total assets2,7832,4762,2832,2162,1571,8221,379
Net worth2,4832,2212,0702,0431,9791,6801,262
Total debt14013111286.4377.1254.5542.14
Cash & bank41.2176.6099.4527.8762.5924.4821.59
Net working capital10510285.1233.7958.2956.7257.94
Cash flow
Cash from operations25717115.8748.2263.1635.2117.16
Cash from investing(231)(138)13.08(16.55)(281)(341)(8.15)
Cash from financing(23.36)(26.82)(32.93)(39.12)229308(11.07)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue213201203210193173170176
Revenue growth (YoY)+10.2%+16.3%+19.8%+19.0%+25.4%+22.3%--
Other income23.1328.5817.6118.7028.7325.4619.9516.73
EBITDA76.0059.9071.6571.7463.5943.5146.1650.08
EBITDA margin+35.7%+29.8%+35.3%+34.2%+32.9%+25.1%+27.2%+28.4%
Depreciation10.6510.7710.929.389.379.039.6410.51
Interest3.043.193.343.083.033.023.142.91
Profit before tax85.4474.5275.0077.9879.9256.9253.3353.39
Tax19.5017.774.1516.4715.849.857.237.86
Net profit65.9456.7570.8561.5164.0847.0746.1045.53
EPS (₹)11.8810.2612.8711.1411.998.388.188.29
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue30823818715712592.79120
Revenue growth+29.7%+27.3%+19.2%+25.5%+34.6%-23.0%-
EBITDA11160.3315.95(3.10)(178)4.95(2.23)
EBITDA margin+36.2%+25.4%+8.5%-2.0%-143.0%+5.3%-1.9%
Profit before tax14090.9353.5746.41(152)20.259.26
Net profit12074.3631.5332.60(147)79.429.92
Net profit margin+39.1%+31.3%+16.9%+20.8%-117.6%+85.6%+8.2%
EPS (₹)23.0815.709.006.96(31.33)221.5429.54
Balance sheet
Total assets2,3382,1682,0732,0101,9491,6591,252
Net worth2,3062,1512,0581,9981,9351,6501,244
Total debt15.968.197.255.588.074.584.56
Cash & bank14.998.408.5011.8548.8013.3310.47
Net working capital10158.9852.1044.0858.7632.3933.16
Cash flow
Cash from operations98.0766.5611.747.9816.1614.830.90
Cash from investing(101)(67.85)(9.66)(17.40)(251)(329)(0.52)
Cash from financing9.401.19(5.43)(0.53)244317(4.24)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue79.4978.1179.3986.3176.2566.3863.6467.99
Revenue growth (YoY)+4.3%+17.7%+24.8%+27.0%+37.1%+31.6%--
Other income10.9513.359.029.449.1712.5111.839.44
Total expenses47.2155.3348.2056.1245.5746.9545.5044.28
EBITDA32.2822.7831.1930.1930.6819.4318.1423.71
EBITDA margin+40.6%+29.2%+39.3%+35.0%+40.2%+29.3%+28.5%+34.9%
Depreciation2.612.793.742.322.472.332.272.32
Interest0.260.280.340.150.180.190.180.19
Profit before tax40.3633.0636.1337.1637.2029.4227.5230.64
Tax8.047.330.958.568.506.426.076.25

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 11 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue213201203210193173170176
Revenue growth (YoY)+10.2%+16.3%+19.8%+19.0%+25.4%+22.3%--
Other income23.1328.5817.6118.7028.7325.4619.9516.73
EBITDA76.0059.9071.6571.7463.5943.5146.1650.08
EBITDA margin+35.7%+29.8%+35.3%+34.2%+32.9%+25.1%+27.2%+28.4%
Depreciation10.6510.7710.929.389.379.039.6410.51
Interest3.043.193.343.083.033.023.142.91
Profit before tax85.4474.5275.0077.9879.9256.9253.3353.39
Tax19.5017.774.1516.4715.849.857.237.86
Net profit65.9456.7570.8561.5164.0847.0746.1045.53
EPS (₹)11.8810.2612.8711.1411.998.388.188.29
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue779641490364313250298
Revenue growth+21.5%+30.9%+34.7%+16.3%+25.3%-16.3%-
Other income90.5069.8865.2863.9846.2331.8420.16
Total expenses528490472330446210258
Employee cost307284246205333130133
EBITDA25115218.2533.96(133)39.7540.31
EBITDA margin+32.2%+23.7%+3.7%+9.3%-42.7%+15.9%+13.5%
Depreciation38.6940.8637.3928.7424.7419.9317.38
Interest13.2212.3610.258.647.164.684.19
Profit before tax29016835.8960.56(119)46.9838.90
Tax46.3223.1015.9120.132.24(56.42)7.62
Net profit2271336.3633.76(133)92.3811.47
Net profit margin+29.2%+20.8%+1.3%+9.3%-42.5%+37.0%+3.9%
EPS (₹)46.5828.383.057.26(28.33)258.0763.43
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital47.8847.4446.8946.8446.6242.3838.35
Reserves & surplus2,4352,1732,0231,9971,9331,6381,224
Shareholders' funds (net worth)2,4832,2212,0702,0431,9791,6801,262
Minority interest13510686.8978.9695.0882.1970.28
Secured loans0.000.000.000.000.000.000.00
Unsecured loans14013111286.4377.1254.5542.14
Total debt14013111286.4377.1254.5542.14
Total liabilities2,7832,4762,2832,2162,1571,8221,379
Assets
Gross block1,7281,6791,6471,1611,1331,0951,074
Net block1,5221,4971,4891,0421,0411,0221,016
Capital work in progress1.250.000.000.000.370.490.19
Investments910614510985884645295
Inventories0.000.000.000.001.221.580.02
Sundry debtors92.9986.7773.2851.6041.4647.3046.69
Cash & bank balances41.2176.6099.4527.8762.5924.4821.59
Loans & advances19816813878.0171.8485.6773.22
Total current assets332332311157177159142
Total current liabilities22722922612411910283.58
Net working capital10510285.1233.7958.2956.7257.94
Total assets2,7832,4762,2832,2162,1571,8221,379
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash28.7622.1426.1133.5721.9919.5221.59
Net cash from operating activities25717115.8748.2263.1635.2117.16
Net cash from investing activities(231)(138)13.08(16.55)(281)(341)(8.15)
Net cash from financing activities(23.36)(26.82)(32.93)(39.12)229308(11.07)
Net change in cash2.646.62(3.97)(7.46)11.582.47(2.07)
Closing cash41.2176.6099.4527.8762.5924.4821.59
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+21.5%+30.9%+34.7%+16.3%+25.3%-16.3%-
EBITDA growth+65.6%+731.3%-46.3%+125.5%-435.7%-1.4%-
PBT growth+72.1%+369.2%-40.7%+9998.0%-+20.8%+9.8%
Net income growth+70.4%+1998.6%-81.2%+125.4%-243.8%+705.4%-
Revenue CAGR (3Y)+28.9%+27.1%+25.2%+6.8%+8.7%+47.2%+109.2%
EBITDA CAGR (3Y)+94.9%--22.9%-5.6%---
Profitability & leverage
Net income margin+31.3%+22.7%+4.1%+11.1%-38.8%+41.4%+10.5%
Return on capital employed+11.8%+7.3%+3.9%+3.1%0.0%+3.0%+1.8%
Return on net worth+10.1%+6.2%+0.5%+1.9%0.0%+6.3%+1.4%
Debt / equity0.060.060.050.040.040.030.03
Long-term debt / equity0.050.050.040.030.030.030.02
Interest cover6.2211.15-53.55165.52-4.5323.6118.27
Efficiency & per share
Fixed asset turnover0.460.390.350.320.280.230.28
Inventory turnover0.000.000.00596.30223.37312.10621.42
Debtors turnover8.678.027.857.827.055.317.21
EPS (₹)46.5828.383.057.26(28.33)258.0763.43
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)518.66468.11441.48436.22424.534,579.233,558.38
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue79.4978.1179.3986.3176.2566.3863.6467.99
Revenue growth (YoY)+4.3%+17.7%+24.8%+27.0%+37.1%+31.6%--
Other income10.9513.359.029.449.1712.5111.839.44
Total expenses47.2155.3348.2056.1245.5746.9545.5044.28
EBITDA32.2822.7831.1930.1930.6819.4318.1423.71
EBITDA margin+40.6%+29.2%+39.3%+35.0%+40.2%+29.3%+28.5%+34.9%
Depreciation2.612.793.742.322.472.332.272.32
Interest0.260.280.340.150.180.190.180.19
Profit before tax40.3633.0636.1337.1637.2029.4227.5230.64
Tax8.047.330.958.568.506.426.076.25
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue30823818715712592.79120
Revenue growth+29.7%+27.3%+19.2%+25.5%+34.6%-23.0%-
Other income40.1440.8446.2756.2432.1220.4516.67
Total expenses19717717116030387.84123
Employee cost0.0012011911225261.1265.26
EBITDA11160.3315.95(3.10)(178)4.95(2.23)
EBITDA margin+36.2%+25.4%+8.5%-2.0%-143.0%+5.3%-1.9%
Depreciation10.869.508.086.114.884.844.59
Interest0.860.740.570.620.680.310.59
Profit before tax14090.9353.5746.41(152)20.259.26
Tax24.4416.4611.3813.80(5.86)(59.17)(0.93)
Net profit12074.3631.5332.60(147)79.429.92
Net profit margin+39.1%+31.3%+16.9%+20.8%-117.6%+85.6%+8.2%
EPS (₹)23.0815.709.006.96(31.33)221.5429.54
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital47.8847.4446.8946.8446.6242.3838.35
Reserves & surplus2,2582,1032,0111,9521,8891,6081,206
Shareholders' funds (net worth)2,3062,1512,0581,9981,9351,6501,244
Secured loans0.000.000.000.000.000.000.00
Unsecured loans15.968.197.255.588.074.584.56
Total debt15.968.197.255.588.074.584.56
Total liabilities2,3382,1682,0732,0101,9491,6591,252
Assets
Gross block887852843832828819813
Net block824800800795797792790
Capital work in progress1.250.000.000.000.000.130.00
Investments1,3821,2651,1621,1111,017767423
Inventories0.000.000.000.001.221.580.02
Sundry debtors75.6563.9149.8535.9421.2330.5831.45
Cash & bank balances14.998.408.5011.8548.8013.3310.47
Loans & advances46.8322.6719.4021.2216.1013.9016.25
Total current assets13794.9877.7569.0187.3559.3958.19
Total current liabilities35.9836.0025.6524.9328.5927.0025.03
Net working capital10158.9852.1044.0858.7632.3933.16
Total assets2,3382,1682,0732,0101,9491,6591,252
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash8.408.5011.8521.8013.3110.4614.32
Net cash from operating activities98.0766.5611.747.9816.1614.830.90
Net cash from investing activities(101)(67.85)(9.66)(17.40)(251)(329)(0.52)
Net cash from financing activities9.401.19(5.43)(0.53)244317(4.24)
Net change in cash6.59(0.10)(3.35)(9.95)8.492.85(3.87)
Closing cash14.998.408.5011.8548.8013.3310.47
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+29.7%+27.3%+19.2%+25.5%+34.6%-23.0%-
EBITDA growth+84.8%+278.2%+614.5%+98.3%-3706.1%+322.0%-
PBT growth+53.9%+69.7%+15.4%+9998.0%-+118.7%+32.3%
Net income growth+62.0%+135.8%-3.3%+122.2%-284.9%+700.6%-
Revenue CAGR (3Y)+25.3%+23.9%+26.2%+9.2%+10.6%+47.8%+68.8%
EBITDA CAGR (3Y)--+47.7%+11.6%+150.8%--61.8%
Profitability & leverage
Net income margin+37.5%+31.3%+22.6%+20.8%-117.0%+85.6%+8.5%
Return on capital employed+5.9%+3.9%+1.7%+2.2%0.0%+1.2%+0.7%
Return on net worth+4.9%+3.2%+1.4%+1.5%0.0%+4.8%+0.7%
Debt / equity0.010.000.000.000.000.000.00
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover0.871.467.24-6.73-0.37281.82-8.65
Efficiency & per share
Fixed asset turnover0.350.280.220.190.150.110.15
Inventory turnover0.000.000.00256.8589.18115.99250.92
Debtors turnover4.424.184.355.484.822.994.14
EPS (₹)24.1215.709.006.96(31.33)221.5429.54
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)481.65453.36438.97426.61415.114,495.563,504.92

Investments & Acquisitions by CarTrade Tech

CarTrade Tech has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sobek Auto India.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Sobek Auto India
Dealership services for car sales are offered in India.
Gurugram, India2018Jul 2023$64.96M
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Timeline of CarTrade Tech

7 dated milestones of CarTrade Tech across 17 years, from founding to its latest funding, stage changes and deals.

  1. Founded CarTrade Tech is founded.
  2. Funding First funding round of $1.0M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series H, of $30.9M.
  5. Milestone Reaches Soonicorn status.
  6. IPO Lists on the stock exchange (IPO).
  7. Acquisition Acquires Sobek Auto India.

Competitors of CarTrade Tech

CarTrade Tech has 3 listed competitors in our database, 3 of them funded. They include CarDekho, Spinny and CarWale.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
CarDekho
cardekho.com2008Jaipur, India$60M2,381
Retailer of new automobiles, used vehicles, and related automotive news
Spinny
spinny.com2015Gurugram, India$741.46M5,736
Retailer of inspected, certified pre-owned vehicles with service and finance options
CarWale
carwale.com2003Mumbai, India$5.89M1,150
Second-hand cars are listed online to connect buyers and sellers.
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Detailed competitors of CarTrade Tech

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Web traffic of CarTrade Tech

The website of CarTrade Tech (cartradetech.com) receives about 8.4K visits a month.

  • Monthly visits
    8.4K

    ▲ 59.5% vs previous month

Similar websites

Websites whose visitors overlap most with CarTrade Tech. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
InvestOnline
investonline.in
100%
24K#949,768View details
montgomerysummit.com
montgomerysummit.com
92%
#1,582,871–
BW Disrupt
bwdisrupt.com
92%
#774,387View details

Top companies in Automotive Retail & Aftersales

3 companies that operate in the same segment as CarTrade Tech (Automotive Retail & Aftersales) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Digit Insurance
General and life insurance products are provided across multiple categories.
2016Bengaluru, Karnataka, IndiaUSD 462.45 MUSD 1.12 B4,589
ACKO
Insurance products for vehicles, health, travel, and life are offered.
2016Bengaluru, Karnataka, IndiaUSD 746.17 MUSD 216.04 M1,306
Spinny
Retailer of inspected, certified pre-owned vehicles with service and finance options
2015Gurugram, Haryana, IndiaUSD 741.46 MUSD 446.48 M5,812
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Related news about Cartrade Tech

CARTRADE: RS. 478.46 CRORES BSE BLOCK TRADE; FOR ~ 1,847,317 SHARES, AT RS. 2590.00
Exchange Update • 6 days ago
CarTrade: Nomura on CarTrade maintains Buy, Target Price Rs 3377; Q2FY27 EBITDA missed estimates due to slower Consumer business revenue growth of 4% YoY versus Nomura's 17% estimate, while OLX and Remarketing grew 26% and 12%, respectively. Margins remained on track across businesses, with monthly unique visitors at 76mn versus 80mn in Q1 and organic traffic share at 96%. OLX initiatives are expected to drive growth recovery.
Exchange Update • 14 days ago
CARTRADE: Q2 CONS NET PROFIT 595M RUPEES VS 597M (YOY)
Exchange Update • 15 days ago
CARTRADE: Q2 EBITDA 760M RUPEES VS 636M (YOY); Q2 EBITDA MARGIN 35.67% VS 32.88% (YOY)
Exchange Update • 15 days ago
CARTRADE: Q2 REVENUE 2.13B RUPEES VS 1.93B (YOY)
Exchange Update • 15 days ago
CarTrade Tech: Expects Q3 FY27 To Be Record Quarter For New Auto Sales With High Revenue.
Exchange Update • 15 days ago
Cartrade Tech: OLX's Growth Projected to Reach 30-35%+, Q3 FY27 Anticipated to Be Record-Breaking
Exchange Update • 15 days ago
CarTrade: UBS on CarTrade Maintains Buy, Target Price ₹4,000; CarTrade has improved OLX India’s user experience and profitability to over 30% operating margin, while the market may be underestimating growth potential across subscriptions, dealer partnerships, financing, escrow, logistics and advertising; estimates OLX revenue could grow 3.8x in five years in its base case, with successful execution a potential re-rating catalyst.
Exchange Update • 1 month ago
Landmark Cars and OLX India Partner to Build India's Leading Phygital Pre-Owned Car Platform - The Wire
The Wire • 1 month ago
CarTrade: Nomura on CarTrade maintains Buy with Target Price of ₹3,340 as offline used-car partnerships, OLX monetisation and VAYA AI can drive growth, with revenue having the potential to at least double from FY26 levels.
Exchange Update • 1 month ago
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Complete news archive for CarTrade Tech

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Articles about CarTrade Tech on our blog

Frequently Asked Questions about CarTrade Tech

CarTrade Tech was founded in 2006 and raised its 1st funding round 3 years after it was founded.

CarTrade Tech is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Vinay Sanghi is the CEO of CarTrade Tech, as recorded in our data. They have also founded this company.

CarTrade Tech is a funded company, having raised a total of $327.94M across 9 funding rounds to date. The company's 1st funding round was a Series A of $1.03M, raised on Dec 2009.

CarTrade Tech has 462 employees.

The primary company behind CarTrade Tech, Cartrade Tech Limited, reported revenue of ₹870 Cr for FY 2026, up 21% year on year.

CarTrade Tech was established in 2006 in Mumbai, India, as an online marketplace focused on the automotive sector. Used cars and vehicles are facilitated for listing, searching, selling, and purchasing by users through the platform. Operations center on connecting buyers and sellers digitally, with services extending across India to support vehicle transactions in the pre-owned market.

CarTrade Tech's top competitors include Spinny, CarWale and CarDekho.

Yes, CarTrade Tech is publicly traded on NSE under the ticker symbol CARTRADE.

CarTrade Tech has made 1 acquisition, including Sobek Auto India.

CarTrade Tech has 21 investors. Key investors include IIFL Finance, MassMutual, J P Morgan, Warburg Pincus, and Temasek.

The valuation of CarTrade Tech is $961.75M as of Apr 2021.

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