11 Nov 2025 | 3 Mins Read

CarTrade confirms talks to buy CarDekho, shares soar 5%

Flipitmoney

CarTrade Tech shares jumped over 5% to Rs 3,146 in early trading, confirming talks to acquire rival CarDekho, a deal valued over $1.2 billion. The deal will combine India's two largest digital auto players, reshaping competition. CarTrade Tech confirmed discussions with Girnar Software but stated no binding agreement is in place yet.