Archive · 2 Oct 2025
CarTrade's Fast Lane: Can the Classifieds Giant Keep Its Edge?
Imagine a company, CarTrade, like a giant online mall for cars.
They own popular websites like CarWale and BikeWale.
They help people buy and sell cars, even used ones!
CarTrade has become very valuable, especially since buying another company called OLX.
OLX helps sell all sorts of things, not just cars.
Because of this, CarTrade makes a lot of money and has many users.
Although the market for used cars is currently doing well, there are also other companies trying to compete.
They will have to work hard to keep growing and making money.
CarTrade Tech has more than doubled investor wealth since last Dussehra.
The company offers a full car sales ecosystem, from research to financing and remarketing.
The acquisition of OLX in August 2023 boosted CarTrade's leadership in the used-car market.
CarTrade's revenue growth has accelerated, with its Ebitda margin expanding.
The company faces competition and potential risks, including market cyclicality and integration of recent acquisitions.
- Who
- CarTrade Tech
- What
- A leading player in the online auto classifieds market, is experiencing rapid growth.
- When
- Since last Dussehra (October 11, 2024 - September 26, 2025), CarTrade's value has more than doubled, and the OLX acquisition was in August 2023.
- Where
- India
- Why
- CarTrade's growth is driven by the expanding used car market, strategic acquisitions, and a comprehensive ecosystem, despite industry headwinds and competition.
- Company
- CarTrade Tech
- Brands
- CarWale, BikeWale, OLX, Adroit Auto, SAMIL, abSure
- Recent Acquisition
- OLX (August 2023)
- Revenue FY25
- ₹640 crore
- Monthly Unique Visitors
- 75 million (CarTrade), 40 million (OLX)
- Market Share (Used Cars - OLX)
- 60%