CarTrade Tech Launches 'Super Series' To Streamline Used Car Dealerships
CarTrade Tech officially launched its Super Series initiative on Tuesday, creating a unified platform that integrates OLX India and CarWale to support over 12,000 used car dealers. The comprehensive solution offers two service tiers and serves 85 million monthly visitors, while the company's stock declined 1.16% following the announcement with analysts maintaining mixed ratings.

*this image is generated using AI for illustrative purposes only.
CarTrade Tech officially launched its "Super Series" initiative on Tuesday, marking a significant milestone in India's used car marketplace. The comprehensive platform combines the strengths of both OLX India and CarWale to provide integrated solutions for used car dealer partners across the country.
Platform Scale and Market Reach
The Super Series leverages CarTrade Tech's extensive market presence, serving over 85 million unique visitors monthly and partnering with more than 12,000 used car dealers. The initiative brings together 2 crore buyers and sellers for used cars in India, creating one of the country's largest automotive marketplace ecosystems.
| Platform Metrics: | Details |
|---|---|
| Monthly Visitors: | 85 million+ unique visitors |
| Dealer Partners: | 12,000+ used car dealers |
| User Base: | 2 crore buyers and sellers |
| Market Position: | India's largest automotive marketplace |
Super Series Product Offerings
The initiative features two distinct tiers designed to cater to different dealer requirements. The Super Signature tier is positioned as "Built for Leaders," while the Super Diamond tier offers "Zyada Control, Zyada Business" for enhanced operational control.
| Service Tier: | Target Segment | Key Features |
|---|---|---|
| Super Signature: | Leadership-focused dealers | Premium positioning and recognition |
| Super Diamond: | Growth-oriented dealers | Enhanced control and business tools |
Strategic Integration and Benefits
The Super Series represents a first-of-its-kind platform that merges the operational strengths of OLX India and CarWale. The integration provides dealers with a unified interface to manage sales, optimize vehicle sourcing, and expand their digital footprint through comprehensive business tools and recognition programs.
"The used car ecosystem in India is evolving rapidly, and dealers are at the center of this transformation. With Super Series, we are bringing together the combined strength of OLX India and CarWale to help dealers accelerate sales, improve sourcing efficiency, and strengthen digital presence," said Vinay Sanghi, Founder, Chairman & Managing Director, CarTrade Tech Limited.
Stock Performance and Market Response
Following the announcement, CarTrade Tech shares declined 1.16% to ₹2,864.00 per share, compared to a 0.44% decline in the NSE Nifty 50 Index. The trading volume stood at 0.28 times its 30-day average, with the relative strength index at 64.29.
| Stock Metrics: | Details |
|---|---|
| Share Price: | ₹2,864.00 |
| Daily Change: | -1.16% |
| Trading Volume: | 0.28x 30-day average |
| RSI: | 64.29 |
Analyst Outlook and Market Impact
Out of nine analysts tracking the company, five maintain a 'buy' rating, one recommends a 'hold' rating and three maintain a 'sell' rating. The average 12-month consensus price target of ₹3,071.70 implies an upside of 7.70%.
The official launch of Super Series represents a strategic consolidation of CarTrade Tech's automotive marketplace assets, addressing the evolving needs of India's used car market by providing dealers with comprehensive digital solutions and enhanced market access.
Historical Stock Returns for CarTrade Tech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.22% | -3.68% | -8.29% | +60.26% | +74.82% | +81.35% |















































