BSECompany Update6d ago · 29 Jul 2026, 08:07 am
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CarTrade Tech Ltd · 543333
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CarTrade Tech Ltd announces strategic partnership with Spinny to transform used car buying and selling experience in India.
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CarTrade Tech Ltd - 543333 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Date: July 29, 2026
To, To,
Department of Corporate Services, Listing Department,
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange plaza, Plot No. C/1, G Block
Dalal Street Bandra Kurla Complex, Bandra East,
Mumbai - 400001 Mumbai – 400051
Scrip Code: 543333 Scrip Symbol: CARTRADE
ISIN: INE290S01011
Dear Sir(s)/Madam(s),
Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 - Press Release titled “CarTrade Tech
and Spinny Partner to Transform Used Car Buying and Selling”.
Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III thereof, as amended,
we enclose herewith the press titled “CarTrade Tech and Spinny Partner to Transform Used Car Buying
and Selling”.
The same is also made available on the website of the Company at https://www.cartradetech.com/
The above is for your information and records.
Yours faithfully
For CarTrade Tech Limited
Lalbahadur Pal
Company Secretary and Compliance officer
Mem. No. A40812
Enclosed: a/a
CarTrade Tech and Spinny Partner to Transform Used Car Buying and Selling
Mumbai, July 29, 2026: CarTrade Tech Limited, one of India’s leading digital marketplace companies, today
announced a strategic partnership with Spinny, a leading full-stack used-car platform, aimed at transforming
the way consumers purchase and sell used cars in India.
Consumers selling their cars on CarWale and OLX India, will get a differentiated selling experience with this
partnership of CarTrade and Spinny. Spinny will sell quality-assured used-car on CarWale and OLX India.
The partnership brings together OLX India and CarWale’s automotive buyers and sellers, technology and data
with Spinny’s operational capabilities.
Using CarTrade’s proprietary VAYA AI, CarWale and OLX India will connect users instantly with relevant
Spinny offerings. More than 23 million consumers come to OLX India and CarWale to buy or sell used cars
annually. By integrating Spinny’s proposition the companies aim to enhance the customer journey and make
the entire buying and selling experience simpler for users on CarWale and OLX platforms.
Commenting on the partnership, Vinay Sanghi, Chairman and Managing Director, CarTrade Tech, said:
“Our ambition is to fundamentally improve the way used cars are bought and sold in India. CarWale and OLX
India bring together a large base of consumers actively looking to buy and sell used cars. With this partnership,
we can make the transaction more seamless and trusted. The partnership is aligned with CarTrade Tech’s
broader strategy of building an integrated automotive ecosystem that supports consumers throughout the
vehicle ownership journey of buying, selling and ownership.”
Niraj Singh, Founder and CEO, Spinny, said:
“Buying a car is an important and deeply personal decision. At Spinny, our focus has always been on making
the experience simple, transparent and dependable. Through this partnership with CarTrade Tech, we will be
able to engage with more customers through CarWale and OLX India and offer them a trusted way to complete
their used-car purchase. Together, we have an opportunity to set new standards for used-car market in India.”
About CarTrade Tech Limited: (www.cartradetech.com; NSE: CARTRADE | BSE:543333)
CarTrade Tech Limited is one of the world’s largest digital automotive ecosystems and India’s leading online
marketplace Company. Through platforms including CarWale, BikeWale, Shriram Automall and OLX India,
the Company serves over 80 million monthly unique users, with over 95% of its traffic generated organically.
Its consumer marketplaces host more than 63% of India’s online used car listings, while its remarketing
platforms facilitate the auction of over 1.5 million vehicles annually. With a strong nationwide network
spanning over 500 physical locations and a technology-led, asset-light platform model, CarTrade Tech enables
millions of consumers, dealers, OEMs and enterprises to buy and sell vehicles and other used products with
ease, trust and efficiency.
About Spinny
Spinny is a full-stack used-car platform focused on making car buying and selling transparent and convenient.
The company offers a curated selection of quality-assured used cars and manages the customer journey through
its Spinny platform, which includes Spinny Parks and Spinny Hubs.