Archive · 27 Nov 2025
CarTrade and CarDekho Abandon Merger Talks
Two big car websites, CarTrade and CarDekho, were talking about joining together.
But they decided not to do it right now.
CarTrade said they will keep working on their own websites like CarWale and BikeWale.
Their stock price went down a little bit after they said this.
They think their businesses are doing well and have lots of room to grow.
CarTrade Tech and Girnar Software (CarDekho, BikeDekho) have mutually decided to abandon their merger talks.
The companies announced the decision in a stock exchange filing on November 27, 2025.
CarTrade shares fell 3.7% to ₹3054.50 on the BSE following the announcement.
CarTrade will continue to focus on strengthening its existing businesses, including CarWale, BikeWale, OLX India, and Shriram Automall.
The company believes its current businesses have strong fundamentals and operate in a large and expanding market.
- Who
- CarTrade Tech and Girnar Software (CarDekho, BikeDekho)
- What
- Abandoned merger talks
- When
- November 27, 2025
- Where
- India
- Why
- Mutually decided not to proceed with the transaction at this stage
- Companies Involved
- CarTrade Tech and Girnar Software (CarDekho, BikeDekho)
- Transaction Status
- Called off
- Date of Announcement
- November 27, 2025
- Stock Price Impact
- CarTrade shares down 3.7%
- CarTrade's Focus
- Strengthening existing businesses (CarWale, BikeWale, OLX India, Shriram Automall)
- Market Potential
- Large and expanding Total Addressable Market (TAM)