Mumbai, Nov. 27 -- In an exchange filing, CarTrade said both parties have mutually decided not to proceed with the proposed consolidation in the automotive classifieds space. The discussions were first disclosed on 11 November 2025.

The company stated that it will continue to focus on strengthening its existing platforms - CarWale, BikeWale, OLX India and Shriram Automall. Management said these businesses operate in a large and growing market and offer strong long-term growth potential.

CarTrade added that it will keep evaluating strategic opportunities as part of its normal business process and will disclose any material developments as required.

CarTrade Tech is India's largest digital marketplace ecosystem, operating multiple platfo...