Inside CarTrade’s proposed acquisition of CarDekho

CarTrade Tech is in talks to acquire its rival CarDekho, according to a stock exchange filing. If completed, the potential merger could bring two major players in the auto classifieds space under one roof and represent one of India’s largest startup deals this year.

“These discussions are limited to the automotive classifieds businesses and do not include financing, insurance, or other non-automotive businesses of theirs,” CarTrade clarified in its filing. The company also noted that “no binding or definitive agreement has been executed so…