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News1817-02-2026, 12:15

CarTrade Tech Unveils Multi-Agent AI Ecosystem for Enhanced Customer Experience

  • CarTrade Tech Limited announced its Multi-Agent AI Ecosystem to be rolled out across platforms, aiming to enhance customer experience and accelerate margin expansion.
  • The company reported its strongest quarterly performance with record revenue of Rs. 228 crore and a 37% EBITDA margin in Q3 FY26.
  • CarWale, BikeWale, and OLX India attract over 150 million annual users each, with 95% organic traffic, indicating strong brand trust and platform stickiness.
  • Specialized AI agents will be deployed across platforms: a "Sales Agent" for CarWale/BikeWale, a "Matchmaker" for OLX India, and a "Buying Agent" for Shriram Automall (SAMIL).
  • The company has shown exceptional growth with 32% CAGR in revenue and 83% CAGR in Profit After Tax over the last three years, alongside significant margin expansion.

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