CarTrade Tech Limited, India’s largest digital marketplace ecosystem, has launched CarTrade Labs, a forward-looking innovation hub dedicated to building the future of technology in mobility and commerce. The initiative aims to drive cutting-edge developments using generative AI, data science, and rapid tech experimentation across CarTrade Tech’s platforms.
CarTrade Labs will serve as a center for breakthrough ideas, powering innovation for platforms like CarWale, BikeWale, OLX India, and Shriram Automall. From AI-driven pricing engines to digital retail journeys, the lab promises to build products that create real-world impact for consumers, dealers, OEMs, and ecosystem partners.
Innovation Across Ecosystem
CarTrade Labs has been set up to unlock new growth opportunities and create smarter experiences for everyone involved in the automotive ecosystem. Its primary focus will be on solving industry challenges with AI and tech-first solutions such as:
- Dealer management platforms
- Smart pricing intelligence tools
- Intelligent customer service chatbots
- Seamless vehicle buying and selling journeys
These tools will not only improve efficiency but also deliver high ROI and user satisfaction across platforms.
Agile Structure, Bold Vision
Structured as an independent and agile unit within CarTrade Tech, CarTrade Labs will bring together top minds in product strategy, engineering, design, and data science. The lab will collaborate directly with the company’s business verticals, ensuring that its experiments and innovations lead to measurable, real-world results.
With CarTrade Labs, we’re laying the foundation for the next decade of innovation in mobility and commerce. It’s a platform to reimagine, build, and scale world-class technology that creates real impact for consumers, dealers, and the ecosystem.
Varun Sanghi, President of CarTrade Tech
To stay ahead of the curve, CarTrade Labs also plans to partner with external startups, global technology providers, and academic institutions, creating a strong ecosystem of innovation.
CarTrade Tech is already a leader in digital mobility, with platforms like CarWale, BikeWale, and OLX India each crossing 150 million annual unique visitors. With 95% of traffic being organic and over 1.4 million listings for auction in FY25 through its remarketing business, the group has built a strong foundation for scaling new technologies.
What Lies Ahead
CarTrade Labs is more than a tech initiative, it is a bold leap into the future of how India buys, sells, and interacts with vehicles. As the digital transformation in mobility continues, CarTrade Labs aims to be at the center of it, building AI-led, user-first solutions that will shape tomorrow’s automotive experience.
With this launch, CarTrade Tech reaffirms its position as a tech-first, innovation-led market leader, ready to redefine commerce and mobility in India and beyond.
