CarTrade Tech has launched CarTrade Ventures and is planning to invest Rs 750 crore in the next 5-7 years to fund acquisition and investment in the automotive space under this business initiative. It will look to acquire and invest in companies offering differentiated services and technology in the automotive space. The capital invested will be through profits generated and funds available in the company.
The company has launched CarTrade Ventures to invest in new-age technologies and to digitalise the buying, selling and ownership of vehicles and be a key enabler in the growth of the auto ecosystem.
CarTrade Tech is a multi-channel auto platform provider company. The company operates various brands such as CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz.
Company Name | CMP |
---|---|
Popular Vehicles & Services | 222.00 |
Competent Auto | 553.50 |
Landmark Cars | 685.00 |
CarTrade Tech | 812.50 |
Naksh Precious Metal | 9.33 |
View more.. |