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CarTrade Tech to acquire THIS rival business at WHOPPING Rs 537 cr - Details

OLX Auto India: CarTrade Tech, a Mumbai-based used cars platform, on Monday, informed that it has entered into an agreement to acquire online marketplace OLX India's auto sales business for a cash consideration. The deal, worth Rs 537 crore, was announced in a stock exchange filing on July 10., Companies News, Times Now
United Kingdom Piyush Goyal India Private Limited On Adani Enterprises Union Commerce Sobek Auto India Private Limited

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sensex today: Heavyweights, auto stocks lift Sensex by 274 pts; Nifty above 19,400 ahead of quarterly results

Nifty stays range-bound for sixth straight session. Eight of the 13 major sectoral indices logged gains, with auto and fast moving consumer goods indices adding over 1.2% each after several brokerages, including HSBC, Citi and Jefferies, reiterated their bullish outlook on earnings growth in the sectors. The market cap of all listed companies on BSE increased by Rs 1.91 lakh crore to Rs 301.32 lakh crore.
United States Aditya Gaggar Bajaj Finserv Sun Pharma Vinod Nair Sobek Auto India Private

CarTrade Tech acquires OLX Autos' India biz for Rs 537 crore

CarTrade Tech on Monday said it is acquiring Sobek Auto India Private Ltd, the company that owns OLX India's auto sales division, for Rs 537 crore.In a filing with the Bombay Stock Exchange (BSE), CarTrade Tech said it will buy 100 per cent of ...
New Delhi Bombay Stock Exchange Sobek Auto India Private Ltd Sobek Auto India Private Cartrade Tech Sobek Auto India Private Limited

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