Cartrade Tech Ltd. Company Profile, Wiki, Owner, IPO, Net Worth, Products, Networth, Online/ Offline and more
Cartrade Tech Ltd is an Indian company of multi-channel auto platform provider company. The company headquarter is in Navi Mumbai, Maharashtra, India. The company operates various brands such as CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz. The platform connects new and used automobile customers, vehicle dealers, vehicle OEMs, and other businesses to buy and sell different types of vehicles.
|Company Name||Cartrade Tech Ltd|
|Founder Name||Vinay Sanghi|
|Date of Establishment||2000|
|Registered Address|| 12th Floor, Vishwaroop IT Park, |
Sector 30AVashi, Navi Mumbai 400 705,
|Net Worth||Rs. 500 cr|
|Telephone no.||+91 22 6739 8888|
Cartrade Tech Ltd established in 2000. The company offers a variety of solutions across automotive transactions for buying, selling, marketing, financing, and other activities. It operates platforms under several brands: CarWale , CarTrade , Shriram Automall, BikeWale, CarTrade Exchange, Adroit Auto and AutoBiz.
- New Car OEM Solutions
OEMs can showcase their brands, products and services on CarWale and CarTrade to the millions of customers that visit platforms. It also provide OEMs with consumer insights and data-driven solutions, to help them build their digital marketing strategies.
- New Car Dealer Solutions
Millions of customers visit CarWale and CarTrade each month to research and buy a new car. The company provide these customers content and research tools such as car reviews, accurate on road prices, car specifications, car images, car finance offers, and more. Customers can express interest in a new car and connect them to the right new car dealer. New cars dealers can get access to these customers and reach out to them and thus maximise their sales.
- Used car Dealer Solutions
A large number of customers come to CarWale and CarTrade to buy a used car and to sell their used car. It provide these customers a large pool of used cars to choose from using advanced filters and sort option. They can also use tools such as price guides, certification, and more so that they can transact with more confidence. Customers can express interest in a used car and connect them to the right used car dealer.
- Technology Solutions for OEMs and Dealers
The company provide technology solutions to OEMs and dealers, such as dealer management systems and auto finance solutions. OEMs and dealers can use these solutions for their own processes, dealers and customers to improve their business’s efficiency and create special offerings for their customers.
- New Two-Wheeler OEM Solutions
OEMs can showcase their brands, products and services on BikeWale to the millions of customers that visit BikeWale. It also provide OEMs with consumer insights and data-driven solutions, to help them build their digital marketing strategies.
- New Two-Wheeler Dealer Solutions
Millions of customers visit BikeWale each month to research and buy a new two-wheeler. It provide these customers content and research tools such as reviews, accurate on road prices, two-wheeler specifications, images, finance offers, and more. Customers can express interest in a new two-wheeler and connect them to the right new dealer. New two-wheeler dealers can get access to these customers and reach out to them and thus maximise their sales.
- Online and Offline Auctioning of Vehicles
Consumers and Businesses want to sell their vehicles efficiently, at good prices and within defined timelines. Sellers can list their vehicles, including cars, bikes, trucks, farm equipment and construction equipment with Shriram Automall and individual and fleet operators and automotive dealers can bid on and buy these vehicles through online and offline channels. The company has created a compelling remarketing and trade-in platform to enable sellers to achieve swift, profitable turnover for their inventory. As part of an online-offline solutions offering, Shriram Automall has a pan India presence with over 114 Automalls across India.
- Technology Solutions for OEMs and Dealers
The company provide technology solutions to various partners such as OEMs, banks, NBFCs, insurance companies, leasing companies, fleet owners, etc. to help them run their various business processes such as vehicle repossession, vehicle auctioning, documentation etc
- Inspection and Valuation services for Banks and Insurance Companies
Adroit carries out inspections and valuations of vehicles across the country using a dynamic inspection and valuation mobile application. Banks, NBFCs, insurance companies and other companies can use Adroit services to receive valuation and inspection reports for vehicles specified by them.
- Technology Solutions for Banks and Insurance Companies
The company provide technology solutions to various partners such as OEMs, banks, NBFCs, insurance companies, leasing companies, fleet owners, etc to help them inspect or valuate their vehicles.
What is CarTrade Tech IPO?
CarTrade Tech IPO is a main-board IPO of 18,532,216 equity shares of the face value of ₹10 aggregating up to ₹2,998.51 Crores. The issue is priced at ₹1585 to ₹1618 per equity share. The minimum order quantity is 9 Shares.
The IPO opens on Aug 9, 2021, and closes on Aug 11, 2021.
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