Thursday, May 4, 2017

CarTrade acquires vehicle inspection Adroit Inspection

Online automobile classifieds platform CarTrade has acquired vehicle inspection and valuation venture Adroit Inspection in an all-cash deal.

Vinay Sanghi, CEO of CarTrade said, Inspection is the country's largest auto inspection company and is expected to inspect 1 million vehicles this year. We also have our car certification business and this acquisition is a huge strategic fit for us.

Also read: Cisco acquired Viptela for $610 million

Adroit CEO Gupta said We are very happy with this partnership and are excited to be a part of CarTrade, which is India's largest used and new car online platform.


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