Cartrade Tech Limited has informed the Exchange regarding a press release dated March 04, 2026, titled "CarTrade Tech Launches AI-Powered Transaction Tool: SuperDost".
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CarTrade Tech has launched 'SuperDost', an AI-powered transaction tool that enables real-time matchmaking between high-intent buyers and sellers for automobiles and used products. The tool leverages the combined user base of over 85 million unique monthly visitors across OLX India and CarWale. The first phase rollout will focus on used car dealers, helping them instantly buy and sell vehicles. The company highlighted its 3-year growth track record: Revenue CAGR of 32%, EBITDA CAGR of 112%, PAT CAGR of 83%, and EPS CAGR of 92%. CarTrade Tech serves around 150 million annual users across its platforms, with roughly 95% of traffic being organic.
This is a product/technology announcement rather than a revenue trigger, so near-term stock impact may be limited. However, it signals the company's AI-led growth strategy and could improve conversion rates and platform monetization over time.