CarTrade.com is an Indian online auto classifieds platform serving as a marketplace for users interested in buying and selling new and used vehicles.[2] Headquartered in Mumbai, the company also owns other vehicle trading platforms such as CarWale, BikeWale and CarTradeExchange, the omnichannel vehicle auction company Shriram Automall, the vehicle inspection company Adroit Auto, and the classifieds portal OLX India.
History
In August 2009, Vinay Sanghi and Rajan Mehra established a used vehicle platform called MotorExchange.in. The company acquired the used car marketplace CarTradeIndia.com in the same month.[3][4] The two platforms were rebranded as CarTradeExchange.com and CarTrade.com respectively in 2014.[5]
In November 2015, CarTrade acquired CarWale, an online classifieds portal, and its associated websites in an all-cash deal.[6]