Acquiring Company
CAR Trade Tech
Acquired Company
OLX
Navi MumbaiIndiaE CommerceMarketplaceAutomotiveReal EstateE CommerceMarketplaceInternetDescription
OLX, India's leading online classifieds platform, has strategically pivoted to focus on its classified business post its acquisition by Cartrade Tech. This strategic move reflects OLX's commitment to offering over 35 million monthly active unique (MAU) users a seamless experience of buying and selling pre-owned goods, enhancing their lives every single day.
Quick answer
CAR Trade Tech is acquiring OLX, announced May 14, 2024. CAR Trade Tech is based in Navi Mumbai, Maharashtra, India.
- How much did CAR Trade Tech pay for OLX?
- The deal value was not disclosed.
- What does CAR Trade Tech do?
- CarTrade Tech Limited is a leading digital auto marketplace.
- Where are CAR Trade Tech and OLX based?
- CAR Trade Tech is based in Navi Mumbai, Maharashtra, India. OLX is based in India.
- Who are the decision-makers at CAR Trade Tech?
- Fundz holds 1 contact at CAR Trade Tech. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in E Commerce and Marketplace
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- AppDirect completes acquisition of Builtfirst to enhance marketplace solutions (May 9, 2024)
- Santam completes acquisition of Kandua to strengthen home service offering (May 31, 2024)
- Global Technology Acquisition Corp. I to merge with Tyfon Culture Holdings Limited to create Tyfon Culture Inc. (May 24, 2024)
- Global Technology Acquisition Corp. I to merge with Tyfon, Leading Art Marketplace, to create Tyfon Culture Inc. (May 15, 2024)
- ECD Auto Design completes acquisition of Brand New Muscle Car assets to expand classic American muscle car offerings (April 25, 2024)
- ECD Automotive Design Inc. acquires "Brand New Muscle Car" trademark and assets from BNMC Continuation Cars LLC for $1.5 million, $1.5M (April 5, 2024)
Who to call at CAR Trade Tech, and when
When CAR Trade Tech changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day CAR Trade Tech raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at CAR Trade Tech, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at CAR Trade Tech. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment CAR Trade Tech makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired OLX?
OLX was acquired by CAR Trade Tech, based in Navi Mumbai. The deal was reported on May 14, 2024. CarTrade Tech Limited is a leading digital auto marketplace. The company focuses on offering innovative solutions in the automotive industry. CAR Trade Tech is privately held and operates in E Commerce.
When did CAR Trade Tech acquire OLX?
CAR Trade Tech's acquisition of OLX was reported on May 14, 2024. OLX, India's leading online classifieds platform, has strategically pivoted to focus on its classified business post its acquisition by Cartrade Tech. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does OLX do?
OLX is India's leading online classifieds platform, offering over 35 million monthly active unique (MAU) users a seamless experience of buying and selling pre-owned goods. It is privately held, operating in Real Estate, and is based in India.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.