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CarTrade

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Vinay Sanghi's photo - Co-Founder & CEO of CarTrade

Co-Founder & CEO

Vinay Sanghi

CEO Approval Rating

81/100

Founded:

2009

Status:

PrivateIndependent Company

CARTRADE TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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Droom is CarTrade's top competitor. Droom was founded in 2014 in New Delhi, Delhi. Droom competes in the Automobile Dealers, Service providers, Online Platforms field. Droom generates $21.6M more revenue than CarTrade.

CarDekho is perceived as one of CarTrade's biggest rivals. CarDekho's headquarters is in Jaipur, Rajasthan, and was founded in 2008. Like CarTrade, CarDekho also competes in the Automobile Dealers, Service providers, Online Platforms industry. CarDekho generates 75% of CarTrade's revenue.

CARS24 is one of CarTrade's top competitors. CARS24 is a Private company that was founded in Gurgaon, Haryana in 2015. Like CarTrade, CARS24 also competes in the Automobile Dealers, Service providers, Online Platforms field. CARS24 has 2,000 more employees vs. CarTrade.

CarTrade Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Shriram Automall India Limited

Jan 2018

Source »
$24.5M
SAMIL is an online bidding platform that facilitates the trade of used cars, trucks, buses, construction equipment and tractors.
Adroit Technical Services Pvt. Ltd.

May 2017

Source »
undisclosed
Adroit Technical Services provides vehicle inspection, project management and real estate valuation services.

These are all the companies that CarTrade has acquired. CarTrade has acquired 2 companies and its latest acquisition was Shriram Automall India Limited in Jan 2018. SAMIL is an online bidding platform that facilitates the trade of used cars, trucks, buses, construction equipment and tractors.

CarTrade Funding History

Since CarTrade was founded in 2009, it has participated in 9 rounds of funding. In total CarTrade has raised $310.7M. CarTrade's last funding round was on Mar 2021 for a total of $25.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Private Equity Round
Mar 2021
$25M
Series H
Jun 2020
$42.5M
Series G
Feb 2017
$55M
Equity
Jan 2016
$145M
Unattributed
Feb 2015
--
-

Since CarTrade was founded in 2009, it has participated in 9 rounds of funding. In total CarTrade has raised $310.7M. CarTrade's last funding round was on Mar 2021 for a total of $25.0M

CarTrade Investments

No recent investments found related to CarTrade

CarTrade News

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Social Media

CarTrade Headquarters

1096A Appasaheb Marathe Marg Lloyds Centre Point , 1st Floor, Unit No. 11 & 12

Mumbai, Maharashtra400025

022-612-91700

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CarTrade Summary

ABOUT

Overview

CarTrade is an India-based online automotive classifieds platform that allows users to search for new and pre-owned cars. CarTrade was founded in 2009. CarTrade's headquarters is located in Mumbai, Maharashtra, IN 400025. It has raised 310.7M in 9 rou...

CEO

CarTrade's Co-Founder & CEO, Vinay Sanghi, currently has an approval rating of 81%. CarTrade's primary competitors are Droom, CarDekho & CARS24.

Frequently Asked Questions about CarTrade

  1. When was CarTrade founded?

    CarTrade was founded in 2009
  2. Who is CarTrade's CEO?

    CarTrade's CEO is Vinay Sanghi
  3. How much revenue does CarTrade generate?

    CarTrade generates $43.4M in revenue
  4. How much funding does CarTrade have?

    CarTrade has historically raised $310.7M in funding
  1. Where is CarTrade's headquarters?

    CarTrade's headquarters is in Mumbai Maharashtra, IN
  2. How many employees does CarTrade have?

    CarTrade has 2,000 employees
  3. What sector does CarTrade operate in?

    CarTrade is in Automobile Dealers, Service providers, Online Platforms
  4. Who are CarTrade's competitors?

    CarTrade's top competitors are Droom, CarDekho, CARS24