CarTrade Ventures is a new venture that plans to invest Rs 750 crore in the automotive industry.

CarTrade Tech, an automotive platform, announced on Thursday the launch of CarTrade Ventures, a business initiative that will invest Rs 750 crore over the next 5-7 years to fund acquisition and investment in the automotive space.

It was also stated that the capital invested would come from profits generated and funds available in the company.

CarTrade Ventures will add value to the companies through synergies with group companies as well as access to customers.