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VINAY SANGHI
CarTrade Tech Q4 Results: Net profit surges 54% YoY to Rs 65 crore, shares rally 8%CarTrade Tech reported a 54% year-on-year jump in Q4FY26 consolidated net profit to Rs 64.6 crore, while revenue from operations rose nearl...- CarTrade Technologies open to further acquisitions to fast-track expansion plansThe integration with OLX, CEO Vinay Sanghi said, has also helped more than double the average number of unique visitors to 68 million per m...
- Buy Greaves Cotton, target price Rs 183: Sharekhan by BNP ParibasGreaves Cotton., incorporated in the year 1922, is a Mid Cap company (having a market cap of Rs 2921.16 Crore) operating in Engineering sec...
- CarTrade launches CarTrade Ventures, plans to invest Rs 750 crore in automotive spaceThe company, in a statement, said it will look to acquire and invest in companies offering differentiated services and technology in the au...
- 'Used car biz may more than double in 5 years'According to Sanghi, who is also the company's chief executive, consumer behaviour has altered significantly since the outbreak of the pand...
- CarTrade files DRHP for Rs 2,000 crore IPOThe offer comprises 26.96 per cent of post-offer paid-up equity share capital. The face value of equity shares is Rs 10 each.
- CarTrade plans NBFC foray, may buy small cos to beef up opsOnline car buying portal CarTrade will apply for a non-banking finance company (NBFC) licence, a top company executive said, in a bid to mu...
- Discounts on BS-IV vehicles come downOver the past three months, including the festive season, auto companies had given huge discounts — as high as Rs 1 lakh — to customers dep...
- CarTrade acquires vehicle inspection Adroit InspectionThe acquisition was made about three months after the Mumbai-based company raised $55 million in a fresh round of funding co-led by its exi...
- In India, it takes 5 to 7 years to change people's behaviourCarTrade has 9,000 dealers (there are about 15,000 dealers across the country) and 2 lakh vehicles listed. It has raised $225 million from ...
- Online automobile classifieds company CarTrade raises Rs 366 croreVinay Sanghi, founder of CarTrade, confirmed to ET the closure of the Series-G round, but declined to name the new investor, citing confide...
- For CarTrade, fortune lies in solving financing woesIn a market that does not inspire much confidence in financiers or buyers, the company has launched a certification service to provide qual...
- Car portals like CarTrade, CarDekho zoom ahead with shift towards online purchasesTwo years ago, just 10% searched online before coming to a car dealer. Now 40% users search online before coming to an offline dealer.
- CarTrade to venture into used-car financingCarTrade recently raised Rs 950 crore from Singapore-based investment firm Temasek and global venture capital firm March Capital.
- CarTrade acquires rival CarWale for about Rs 590 croreThe deal, primarily in cash, will see Axel Springer sell its 91% holding in CarWale five years after first acquiring the stake.
- JP Morgan buys Canaan India portfolio for $200 millionThe transaction has closed and JP Morgan Asset Management owns Canaan’s stake in all its domestic portfolio firms from this month, they sai...
- CarTrade raises Rs 185 crore from Warburg Pincus, existing investorsWarburg Pincus is focused on growth investing and has over $ 39 billion in assets under management spanning over 125 companies.
- MotorExchange receives Series C funding from Tiger Global and Canaan PartnersMotorExchange is promoted by former Mahindra First Choice CEO Vinay Sanghi. Rajan Mehra, ex-eBay India head is also a founder-director.
- MotorExchange raises $5 millionMotorExchange, an online marketplace for used vehicles, has raised a second round of funding to expand its workforce and increase direct to...
- Boom makes cement marketers an idle lotGuess what are marketing teams in cement companies doing these days? They are not chasing clients or targets.
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