CarTrade in talks to acquire CarDekho parent
after close1 source ↓written by the desknot a recommendation
- and CarDekho valued
- ₹14,102 cr
- CarDekho valued
- ₹10,643 cr
CarTrade Tech is in discussions with Girnar Software, the parent of CarDekho, for a potential acquisition of its automotive classifieds businesses. No binding agreement has been reached yet. This move could consolidate two major players in the market, with CarTrade's market cap at ₹14,102 cr and CarDekho valued at ₹10,643 cr.
• Potential consolidation of automotive classifieds
• Discussions exclude non-automotive businesses
• Deal could reshape the competitive landscape
Not investment advice. For informational purposes only.