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The CarTrade Group to Invest Rs 400 Cr in Auto Ecosystem

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Press Trust of India MUMBAI
Last Updated : Mar 12 2020 | 2:32 PM IST

/ -- The CarTrade Group, one of India's largest online automotive group, is actively looking at companies to acquire or invest into, in the automotive space. The CarTrade Group wants to further strengthen its position as the leading online automotive platform and has earmarked over Rs 400 crores for these investments.

Commenting on the lookout for acquisitions, Mr. Vinay Sanghi, Founder & CEO, CarTrade Group added , "We have been very successful in growing our business organically and inorganically and so, are actively looking out for companies which can complement the services we already offer or fulfill a consumer need which we do not cater to. There are many companies out there which are doing a lot of good work and we want to actively engage with them."
About the CarTrade Group

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First Published: Mar 12 2020 | 2:32 PM IST

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