New Delhi, Oct. 2 -- CarTrade Tech, the company behind CarWale and BikeWale, has more than doubled investor wealth since last Dussehra (11 October 2024-26 September 2025). Even as the Nifty Auto Index has remained flat on sluggish small-car sales, investors have bet on CarTrade's used-cars classifieds business and its expansion beyond the auto segment.
But competition and industry headwinds loom large. Can this rally sustain?
CarTrade offers a full car sales ecosystem-from discovery and lead generation through its consumer-facing portals to monetization via dealer memberships and value-added services.
Founded in 2009, the company became a leader in auto research after acquiring CarWale and BikeWale in 2016. The purchase of Adroit...
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