Cartrade Tech Limited
Helios Mutual Fund acquired a new position in Cartrade Tech Limited, purchasing 5,40,388 shares for ₹145.87 crore at ₹2699.40 apiece, representing a 1.13% stake.
A multi-channel automotive platform provider that connects buyers, sellers, dealers, and original equipment manufacturers across new and used vehicle segments in India. Operating brands including CarWale, CarTrade, BikeWale, Shriram Automall, CarTradeExchange, Adroit Auto, and AutoBiz, the company offers comprehensive solutions for vehicle transactions, marketing, financing, and value-added services across the automotive ecosystem.
Founded by Samir Arora, the legendary Indian fund manager who founded Helios Capital in Singapore in 2006 after a storied career at Alliance Capital. One of India's best-known long/short hedge fund managers who returned to launch an India-domiciled MF. Manages equity schemes with Arora's trademark bottom-up, growth-focused style that emphasises avoiding permanent capital loss over chasing absolute returns.