CarTrade Tech IPO - Ready For The Digital Ride: Dolat Capital

CarTrade Tech IPO - Ready For The Digital Ride: Dolat Capital

Browsing Cartrade Tech website. (Source: BloombergQuint).

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital's IPO Report

Cartrade Tech Ltd. is an online auto classifieds platform, operating several brands like CarWale, CarTrade, Shriram Automall, BikeWale, CarTrade Exchange, Adroit Auto and AutoBiz.

In the past few years, auto portal has emerged as a most convenient source for:

  1. lead generation for dealers for consumer with high purchase intention

  2. selection of products and price discovery for used car buyer and sellers and

  3. original equipment manufacturers advertisement to push sales.

As digital spending is inching up due to the growing base of internet and smartphone users, auto portal would be dispensable for lead generation for OEMs (especially for smaller brands and new entry) and used car buyers, sellers.

Click on the attachment to read the full IPO report:

Dolat Capital CarTrade_IPO Note.pdf
Read Document

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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