Cartrade Tech Limited (Cartrade) was incorporated on April 28, 2000. Cartrade is a multi-channel auto platform with coverage and presence across vehicle types and value-added services. They offer a variety of solutions across the automotive transaction value chain for marketing, buying, selling and financing of new and pre-owned cars, two-wheelers as well as pre-owned commercial vehicles and farm and construction equipment. Their platforms operate under several brands: CarWale, CarTrade, Shriram Automall, BikeWale, CarTrade Exchange, Adroit Auto and AutoBiz. Their platforms are operated by 221 technology employees working at their 3 technology centers as of June 30, 2021. In the 3 months ended June 30, 2021, their consumer platforms, CarWale, CarTrade and BikeWale collectively had an average of 27.1 million unique visitors per month, with 88.14% being organic visitors.

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