Stake sale · Commerce & Consumer Brands

Tata Mutual Fund raises stake in CarTrade Tech

By Startup Enthusiast · 30 January 2026

What they do

CarTrade Tech runs an online marketplace for buying and selling used cars

Tata Mutual Fund bought 90,522 shares in the open market, raising its stake to 5%

The purchase comes as CarTrade reported strong Q3 results with revenue of ₹210 crore

Tata Mutual Fund increased its stake in CarTrade Tech to 5% by buying shares in the open market.
The fund acquired 90,522 equity shares of CarTrade on 28 January 2026.
After the purchase, Tata Mutual Fund holds 23,99,962 shares, which is 5.0163% of CarTrade's equity.
Before the transaction, the fund held 23,09,440 shares, equal to 4.8271% of the company.
The acquisition was made through multiple Tata Mutual Fund schemes, including Tata Balanced Advantage Fund and Tata Digital India Fund.
This is a secondary sale (existing shareholders sold their shares; no new money reaches the company).

Tata Mutual Fund has been gradually increasing its stake in CarTrade Tech over time.
The purchase comes after CarTrade reported strong financial results for the third quarter of FY26.

CarTrade Tech operates an online marketplace for buying and selling used cars in India.
The company reported Q3 FY26 revenue of ₹210 crore, up from ₹176 crore in Q3 FY25.
CarTrade posted a net profit of ₹61.5 crore in Q3 FY26.

Tata Mutual Fund (buyer) — A mutual fund arm of the Tata Group that manages various investment schemes.