Cartrade Tech Limited has informed the Exchange regarding a press release dated January 06, 2026, titled "TWO GIANTS, ONE MISSION: OLX India & CarWale Launch SUPER SERIES for Dealers".
CARTRADE · price
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Awaiting price reaction for this filing.
CarTrade Tech announced the launch of SUPER SERIES, a new integrated platform that brings together OLX India and CarWale for used car dealers. The platform aims to help dealers boost sales, improve sourcing efficiency, and build a stronger digital presence. CarTrade Tech highlighted its scale, serving over 85 million unique visitors monthly and partnering with 12,000+ used car dealers, connecting roughly 2 crore buyers and sellers. Founder Vinay Sanghi positioned the move as combining the strengths of both brands to support dealers in the rapidly evolving used car market.
This is a product/brand consolidation initiative rather than a revenue-trigger event, so direct impact on stock price is likely limited. It could strengthen CarTrade's competitive position in the used car classifieds space if it successfully unifies dealer and consumer traffic.