BWI: CarTrade.com Launches its First Store in North India

Press release from Business Wire India
Source: CarTrade.com
Friday, November 30, 2012 02:11 PM IST (08:41 AM GMT)
Editors: General: Consumer interest, Entertainment, People; Business: Automotives, Business services, Information technology, Retailers; Technology; Automotive
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CarTrade.com Launches its First Store in North India
Opens franchisee store in Gurgaon, Haryana

Gurgaon, Haryana, India, Friday, November 30, 2012 -- (Business Wire India) -- CarTrade.com, one of India's leading auto websites that helps consumers to buy and sell, new and used cars announced the launch of its first Gurgaon CarTrade.com Franchisee Store. The franchisee partner is Real Value Cars and the store is located at F4 Central Plaza, Sector 53, DLF Golf Course Road, Gurgaon.

Commenting on the company's initiative, Mr. Vinay Sanghi, Founder & CEO, CarTrade.com said, "The CarTrade.com Franchise Store is an innovative offering which now allows our customers to not only get the information and help they need on our website, 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".

CarTrade.com 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 CarTrade.com. 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 CarTrade.com Franchisee Stores.

Mr. Gaurav Arya, Owner of CarTrade.com Franchisee, Gurgaon said, "I am very happy to be associated with CarTrade.com. They have a host of innovative products, and services which will drive a lot of customers to our store"

About CarTrade.com

CarTrade.com 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 CarTrade.com 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: www.cartrade.com.



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KEYWORDS
CONSUMER, ENTERTAINMENT, PEOPLE, AUTOMOTIVE, BUSINESS SERVICES, IT, RETAIL, TECHNOLOGY, AUTOMOTIVE

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