Tech
CarTrade, CarDekho parent end acquisition talks
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Auto marketplace CarTrade Tech has ended discussions with Girnar Software to acquire CarDekho and BikeDekho, its automotive classified businesses.
“We wish to inform you that the parties have mutually decided not to proceed with the proposed transaction at this stage. Accordingly, the transaction is not being pursued for now,” CarTrade said in an exchange filing on Thursday.
“The company continues to remain fully focused on strengthening its existing portfolio of businesses across its platforms (CarWale, BikeWale, OLX India, and Shriram…
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