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CarTrade Tech Acquires OLX’s Classified and Auto Business in India for Rs 535.54 Crore

  • CarTrade Tech completed the 100% purchase of OLX’s classified and auto business, aiming to create India’s largest auto classifieds and transaction platform.
  • Combined, CarTrade Tech and OLX will have 68 million average monthly visitors, 32 million annual listings and 1.3 million vehicle auctions.
  • This enhances CarTrade’s position in the online classified space, offering diversified classifieds portfolio and simplifying used vehicle transactions.
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