Cartrade Tech Limited has informed the Exchange regarding a press release dated October 15, 2025, titled "CarTrade Tech Hits New Traffic Peak at 57 Million MAUs on CarWale and BikeWale".
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Cartrade Tech Limited announced through a press release dated October 15, 2025, that its auto platforms CarWale and BikeWale have together reached a new all-time high of 57 million Monthly Active Users (MAUs). This represents a record traffic peak for the company's flagship consumer-facing platforms. CarWale serves the car buying and selling segment, while BikeWale covers the two-wheeler market, both being core revenue-driving properties for the company. The milestone signals continued strong user engagement and audience scale in India's online auto listing space.
Positive for shareholders as it demonstrates growing platform strength and user traction, which supports the company's advertising-led revenue model. A record MAU base may also strengthen bargaining power with auto OEMs, dealers, and advertisers.