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Cartrade Tech Limited (CARTRADE)
What CARTRADE does

Cartrade Tech Limited

What company does?Online auto classifieds platform and related services.
Established2009
Entity typePrivate
HeadquartersIndia
SegmentB2B,B2C
Cartrade Tech Limited is a share market listed company in the Consumer Services industry . It got listed on NSE on 20-AUG-2021 under the trading symbol CARTRADE. On BSE it is listed under trading symbol CARTRADE. The company operates in Automotive , Technology and E-commerce categories.

Company overview

Cartrade Tech Limited is a leading online automotive market platform in India, providing end-to-end solutions to the entire ecosystem of pre-owned vehicles. The company was founded in 2009 and has since grown into one of the most prominent players in the Indian automotive industry.

Cartrade's comprehensive range of services includes digital auctions, virtual showrooms, vehicle pricing information, and logistics support. It caters to various customer segments such as individual buyers and sellers, original equipment manufacturers (OEMs), dealerships, banks, insurance companies, and other stakeholders within the automotive space.

The company offers an extensive array of products that facilitate transactions related to buying and selling used cars. These include CarWale - a dedicated platform for researching new and used car prices; CarTrade Exchange - which provides assistance to auto dealers with purchasing old vehicles from customers; Shriram Automall - focused on conducting physical bidding events; Adroit Inspection Services - offering vehicle inspection facilities; BikeWale – catering specifically to motorcycle enthusiasts.

Cartrade stands out through its innovative use of technology such as data analytics for price valuation algorithms. Additionally, it leverages artificial intelligence (AI) tools for intelligent matchmaking between buyers and sellers based on their preferences. The company's strategic partnerships with various entities including OEMs like Toyota Kirloskar Motors have further strengthened its position by enhancing product offerings and expanding its reach across different customer segments. With its wide-ranging services powered by cutting-edge technology coupled with strategic collaborations with key industry players sets Cartrade Tech Limited apart from competitors.
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