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CARTRADE AUTO CLASSIFIEDS
CarTrade Tech slides 5% as talks to absorb CarDekho, BikeDekho collapseCarTrade Tech shares fell 5% after the company and Girnar Software mutually agreed not to proceed with the proposed acquisition of CarDekho...- CarTrade, CarDekho parent end acquisition talksCarTrade Tech has pulled the plug on its planned takeover of Girnar Software's automobile classified units – CarDekho and BikeDekho. After ...
- CarTrade confirms acquisition talks with CarDekho parentCarTrade Tech is in talks to acquire CarDekho and BikeDekho. This potential deal would unite two major players in India's auto classifieds ...
- CarTrade shares more than double in 1 year. Elara sees 36% upside, here's whyCarTrade Tech surged nearly 8% to Rs 2,648.25, extending a 146% rally, after Elara Capital’s ‘buy’ call with a Rs 3,590 target and Norway’s...
- After Norges Bank stake purchase, Elara initiates a buy on CarTrade Tech, sees 50% upside post 160% 1-year rallyElara Capital initiated coverage on CarTrade Tech with a Buy rating, targeting ₹3,590, implying 50% upside. The multibagger stock rallied 1...
- Warburg Pincus exits Cartrade Tech; sells 8.64% stake for Rs 375 croreHighdell Investment, an entity owned by US-based private equity major Warburg Pincus, on Tuesday divested its entire 8.64 per cent stake in...
- 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...
- CarTrade shares jump 13% on strong Q2 earnings, hit 52-week highToday's gains take stocks' rally to seven sessions in a row. The price action was supported by volumes as 16 lakh shares changed hands on t...
- CarTrade's Sobek shuts customer-to-business operations, shifts focus to classifieds businessSobek Auto’s C2B transaction business struggled with its unit economics. The company aims to reduce both human resource and other administr...
- CarTrade Tech says it owns classifieds platform OLX’s entire India businessThe company had earlier said that it was acquiring 100% of Sobek Auto India Pvt Ltd, the entity that houses OLX India's auto business, but ...
- CarTrade Tech shares jump 17% on acquisition of OLX India’s auto businessThe cost of acquisition of Sobek will be for a consideration of Rs 537.43 crore which is to be paid on the completion date of the acquisiti...
- CarTrade to acquire OLX India’s auto business for Rs 537 croreIn a stock exchange filing on Monday, CarTrade said that it will acquire 100% stake in Sobek Auto India Pvt Ltd, the entity which houses OL...
- Nomura initiates coverage on this new-age stock with 'buy'Nomura has set a target price of Rs 770 on the stock. Interestingly, in order to reach all-time high level of Rs 1,610, the stock will need...
- You might not be able to recover your investment in CarTrade even after a yearGoing by the views of the first analyst to start coverage on the stock, you might not recover your investment even after a year.
- CarDekho acquires YouTube auto content platform PowerDriftWith this acquisition, GirnarSoft group through its various acquisitions has a cumulative subscription base of 1.4 million users with a tra...
- 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...
- 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.
- We'll Now Lead in Both New & Used Cars: CarTrade CEOOnline automobile classifieds firm CarTrade intends to build the country's largest auto platform with its acquisition of rival CarWale.
- Investors betting big on automobile classifieds platforms like CarTrade.comThe news of CarTrade's latest funding comes a day after Ratan Tata, invested an undisclosed amount in GirnarSoft, which owns CarDekho.com.
- 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.
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