Cartrade Tech Share Price

Cartrade Tech Limited was initially incorporated as Kaymo Fastener Company Private Limited on 28 April 2000 at Mumbai as a Private Limited Company, and was granted the Certificate of Incorporation by the RoC. The name was changed to MXC Solutions India Private Limited on 12 August 2009 and further to CarTrade Tech Private Limited on 20 April 2021. The Company became a Public Limited on May 12, 2021.CarTrade Tech is a multichannel auto platform with coverage and presence across vehicle types and valueadded services. It offer a variety of solutions across the automotive transaction value chain such as the buying, selling, marketing, valuation, and financing of new and preowned cars, twowheelers, commercial vehicles, and farm and construction equipment. It operate through several platforms: CarWale, CarTrade, Shriram Automall, BikeWale, CarTrade Exchange, Adroit Auto, and new vehicle CRM solution Autobiz. The Company owns and operates under several brands such as Car Trade, Carwale and AutoBiz. Through these platforms, it enables new and used customers,vehicle dealerships, OEMs and other businesses to buy and sell their vehicles in a simple and efficient manner. Apart from this, it operates an automotive digital ecosystem which connects automobile customers, OEMs, dealers, banks, insurance companies and other stakeholders. The Company commenced business from July 06, 2009. Later on, in year 2016, the Company acquired CarWale and BikeWale acquired Adroit Auto in 2017 acquired equity stake in Shriram Automall in 2018. In August 2021, the Company came out with an IPO of 18532216 Equity Shares by raising funds from public aggregating up to Rs 2998.15 Crore. In 2021, the Company launched CarWale abSure platform, which offers quality handpicked used cars, thoroughly vetted by CarWale. In 2023, the Company acquired OLXs Classifieds and Auto Transactions business in India.In 202324, Company acquired 100% stake of OLX Auto from its holding Company OLX India B.V on August 11, 2023.Company launched CarTrade Labs, an innovation hub driving AI, data science, and digital transformation in FY 2025.In 2026, the Company has further launched VAYA AI, a AIpowered match making tool.