BWI: CarWale Proud to Serve 3 Crore Indians

Press release from Business Wire India
Source: CarWale.com
Monday, May 30, 2011 11:27 AM IST (05:57 AM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Automotives, Business services, Information technology, Retailers; Technology; Automotive
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CarWale Proud to Serve 3 Crore Indians
Celebrates by setting further challenging milestones for itself and gratifies consumers with contest

Navi Mumbai, Maharashtra, India, Monday, May 30, 2011 -- (Business Wire India) -- CarWale, India's No. 1 Automotive Portal has crossed the 3 crore unique visitor mark on its website www.carwale.com since its inception in 2005. CarWale is the first auto portal in India to reach this milestone.

CarWale was launched in 2005. It aims to empower Indian consumers to make informed car buying and ownership decisions with exhaustive and un-biased information on cars through expert and owner reviews, detailed specifications, comparisons and a host of tools and technology.

To celebrate the occasion CarWale is running a month long contest on its Facebook page (www.facebook.com/CarWale). Christened 'Kiss-Your-Car' the contest encourages car owners to show their love for their car. A user simply has to upload a photo of him/her kissing their car with a suitable headline to CarWale's Facebook Page. The first 100 entries get assured prizes - CarWale branded umbrellas and seat belt pads. To bring more zing to the celebrations CarWale is giving away a free professional car wash and car polish to the best photograph each day. The best 3 photographs of the contest will also win themselves a free Teflon coating treatment for their cars. The car washes, polishes and treatments are provided in association with Carnation.

Reminiscing about the early days, Mohit Dubey, Co-Founder & CEO, CarWale said, "We started CarWale in October 2005 with 500 cars listed. We waited over a week for the first transaction on the site. Over the years, we have focused more and more on car consumers and built products around car prices and research data. This has helped us attract genuine car buyers and sellers to CarWale, making us the single largest marketplace for car consumers in India today. Crossing the 3 crore mark gives us tremendous satisfaction and a sense of achievement. Our heartfelt thanks to all those who have trusted us over the years. We are committed to building CarWale even further and look forward to crossing many more such milestones."

CarWale's journey over the years:

2005 CarWale launched
2006 CarWale introduces India's first Used Car Price Guide , covering prices of all cars sold in India since 1991 for 30 cities.
2007 The first to introduce on-road prices in India . Currently covering every car sold in India for 300+ cities and towns. Recognised as one of the Top 100 Technology companies in Asia.
2008 CarWale introduces CarWale Car Awards - India's first and largest platform for consumer choice car awards
2009 Started a unique service of offering free car consultation to car buyers across India. Recognised for the second time in three years as one of the Top 100 Technology companies in Asia.
2010 Awarded as one of India's Top 3 Most Innovative Enterprising Indian companies. Shortlisted among the Top 200 Technology companies in the world.
2011 Crosses 2 important milestones - (a) 20% of all of India's car buyers research their car purchases on CarWale each month and (b) 3 crore Indians served since inception

About CarWale

CarWale is owned by Automotive Exchange Private Limited. It is a part of the Axel Springer group(owners of AUTO BILD , the world's largest selling automotive magazine) and the India Today Group (India's largest magazine publisher and owner of the leading Indian news channel AAJ TAK ).

CarWale has been recognized by Red Herring twice as one of Asia's Top 100 Innovative Technology companies (2007 and 2009) and most recently as one of World's Top 200 Innovative Technology companies (2011). It has also been bestowed awards by Business Week and PC World Magazine for its contribution to the Indian automotive industry.



CONTACT DETAILS
Kavita Jain, CarWale.com, +91(22) 67398888, kavita.jain@carwale.com

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

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