India, Nov. 11 -- Update | November 11, 11: 15 IST

Listed auto classified platform CarTrade has confimred that it is in talks with Girnar Software, the parent entity of CarDekho, for a potential acquisition of its new and used automotive classifieds businesses.

Girnar Software automotive business includes CarDekho and BikeDekho.

"These discussions are limited to the automotive classifieds businesses and do not include financing, insurance, or other non-automotive businesses of theirs," CarTrade said in a statement.

However, no definitive agreement has been reached regarding the potential deal, the stament added.

Original | November 10, 23:14 IST

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