CarTrade Tech Launches AI-Powered Transaction Tool: SuperDost

CarTrade Tech Limited (NSE: CARTRADE | BSE: 543333), India's leading digital marketplace and parent company of CarWale, BikeWale, OLX India, and Shriram Automall, today announced the launch of SuperDost: an AI-powered transaction tool designed to power instant transactions between high-intent buyers and sellers for Automobiles and Used Products.

SuperDost is a live AI Agent which operationalizes the 'Matchmaker' strategy by leveraging the combined scale and proprietary data of over 85 million unique monthly visitors across OLX India and CarWale to drive real-time and Instant, high-intent transactions between buyers and sellers for Automobiles and Used Products.

Over the last three years, the Company has delivered consistent growth:

Revenue CAGR: 32% |EBITDA CAGR: 112% |PAT CAGR: 83% |EPS CAGR: 92%

This performance has been driven by strong execution across all its businesses, Consumer Group, Remarketing Auctions, and OLX India supported by disciplined capital allocation and operational focus.

CarTrade Tech serves over 150 million annual users across each of its platforms, ~95% of which is organic. This scale reflects the strength of the foundation we have built: Trusted Brands, Loyal Customers, Differentiated Data, and our IP and proprietary Technology. These long-term structural advantages position the Company uniquely to unlock the massive opportunities that AI can create.

AI is a significant enabler for digital marketplace businesses. The Company is actively building and integrating AI-led capabilities across its platforms to develop world-class products, improve customer experience, and enhance efficiency and productivity.

Structural tailwinds remain strong and favorable, with GST rationalization and rising digital adoption across new vehicle and used product markets expanding the Company's total addressable opportunity.

SuperDost is designed for instant, intelligent matchmaking at scale, bringing together the Company's Consumers, Dealers and Partners across Automobiles and Used Products within a unified AI-powered interface. It Real-Time connects the most relevant, high-intent buyers and sellers across the platforms.

SuperDost will:

- Increase conversion and efficiency
- Reduce time-to-transaction across buying and selling journeys
- Deepen engagement and long-term platform loyalty with all our customers
- Unlock scalable monetization opportunities across the ecosystem

In the first phase, SuperDost will be rolled out for Used Car Dealers giving them an AI-powered transaction tool which will help them Instantly sell their vehicles or buy vehicles for their stocks.

Akshay Shankar, Chief Product Officer, CarTrade Tech Limited, said: "At CarTrade Tech, we operate at a scale of over 150 million annual users across each of our platforms, supported by Trusted Brands, Differentiated Data, IP and Proprietary Technology. SuperDost brings these strengths together within a unified AI-powered interface that accelerates transactions and enhances conversion across Automobiles and Used Products. Super Dost shall enable smarter matchmaking, faster transactions, and improved efficiency for both buyers and sellers."

Shares of CarTrade Tech Ltd was last trading in BSE at Rs. 1783.45 as compared to the previous close of Rs. 1801.35. The total number of shares traded during the day was 30498 in over 3163 trades.

The stock hit an intraday high of Rs. 1849.80 and intraday low of 1522.85. The net turnover during the day was Rs. 54909985.00.

Source : Equity Bulls

Keywords

CarTradeTech SuperDost AIPowered TransactionTool