19 hours ago
- Automotive
- Business Upturn
CarTrade Tech launches ‘CarTrade Labs' to drive tech innovation
CarTrade Tech Limited has introduced CarTrade Labs , a dedicated technology and innovation unit aimed at developing next-generation solutions using generative AI, data science, and rapid prototyping.
The lab will support product development across CarTrade Tech's platforms, including CarWale, BikeWale, OLX India, and Shriram Automall. Focus areas include AI-based dealer management systems, pricing tools, customer support automation, and digital retail experiences tailored to automotive buyers and sellers.
CarTrade Labs is structured as an independent unit within the company and will consist of a multidisciplinary team of product professionals, engineers, and data scientists. The lab will work in close coordination with CarTrade Tech's business units to ensure real-world relevance and measurable outcomes.
In addition to internal projects, the lab will seek partnerships with startups, academic bodies, and global tech providers to explore practical applications of emerging technologies.
Varun Sanghi, President, CarTrade Tech, stated, '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. It will give us the edge to continuously reinvent ourselves, build transformative products, and stay at the forefront of the industry.'
This move reflects CarTrade Tech's broader strategy to invest in scalable tech capabilities to support its digital automotive commerce ecosystem.
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