CarTrade Launches Store in Western India

Mumbai, India (PressExposure) November 12, 2012 -- is one of India's leading auto websites and helps consumers to buy and sell new and used cars. Today, announced the launch of its first Franchisee used car Store in Thane. The franchisee partner is Globus Motors and the store is located at Shop no. 2, Sankalp Heights, Flower valley, Opp. Jupiter Hospital, Thane (West).

Commenting on the company's latest initiative, Mr. Vinay Sanghi, Founder & CEO, said, "The Franchise Store is an innovative offering which now allows our customers to not only get the information and help they need on our web-site, but also an opportunity to interact with well-trained staff, to get the best choice of cars and deals in the market. We are confident that this initiative will further enhance our customer's car buying and selling experience. This is a significant milestone for us. We have aggressive expansion plans to launch 100 stores across India in the next 10 to 12 months". helps customers who are looking to buy or sell new or used cars and want to remain up-to-date with the latest automobile news, expert reviews and car prices. All this information, along with a host of research tools, price information and a growing dealer network, is available just a click away with It also offers a wide variety of good quality used cars backed in many cases by a Condition Check Report. Also, the benefit of car warranty can be availed on selected cars at the Franchisee Stores.

Mr. Pradeep Kourani, Partner in Franchisee, Thane said, "I am glad and honoured to be associated with the brand. The innovative products, and services which offers to its customers are truly delightful and exciting. This will help bring in many new customers to our store "

About is one of India's leading auto websites and helps consumers to buy and sell new and used cars. Unique offerings on the site such as used car price information, condition check of cars and on road dealer prices help consumers to buy and sell with confidence

Over 2 million unique consumers come to monthly to use these features. The site has new and used car dealers from all over the country who list their cars with prices for sale.

Investors and shareholders

The company is promoted by Vinay Sanghi, the former CEO of Mahindra First Choice. Rajan Mehra, Managing Director at Nirvana Venture Advisors and former country head of eBay India is a Founder-Director in the company. Shareholders include Canaan Partners, Epiphany Overseas Ventures and Tiger Global. For more information visit:

About CarTrade is undeniably the best marketplace and information source on cars bought and sold in India. Whether you want to find out the market value of new cars and used cars or simply want to brush up your knowledge of upcoming cars, you can always look it up on this website. You can find the most informative expert car reviews, latest automobile news, comprehensive information on upcoming cars in India, and the latest car price here.

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Press Release Submitted On: November 12, 2012 at 3:32 am
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