Thursday, 27 November, 2025
Capital Group Buys Rs 440 Cr Stake in CarTrade Tech
US-based financial services firm Capital Group, via its affiliate SmallCap World Fund, purchased a 3.03% stake in multi-channel auto platform CarTrade Tech for approximately Rs 440 crore. The bulk deal saw the sale of over 14.44 lakh equity shares at an average price of Rs 3,044.58 apiece. Separately, Goldman Sachs affiliates sold a 2.25% stake in the company.
Read full story at Economic Times