The Startup India Insight



CarTrade Boosts Employees Morale with 28K New Stock Options

Recently CarTrade expanded its ESOP pool  to boosts employees morale with 28K new stock options. The company has decided to allot around 28K stock options to eligible employees. This move aims to reward and retain talent within the organization. Details of the Allotment The allotment is divided into two parts. Under the ESOP 2014 scheme, […]

CarTrade Shares Divested by The Investors: Impact Explained

In recent financial movements, CarTrade Shares Divested by significant players like Temasek, JP Morgan, and Warburg Pincus. The price of such divested shares are about amounting to a total of INR 535 crore. This move, which saw key transactions from Highdell Investment—a Warburg Pincus entity—and Temasek’s MacRitchie Investments, has garnered attention across the financial sector. […]

CarTrade Gets Tax Notice INR 15.79 Lakh: Impact & What To Do

Recently a one of the largest online auto marketplace in India named CarTrade Gets Tax Notice from the Income Tax Department. This news came to light through a filing made by CarTrade with the Bombay Stock Exchange (BSE) on June 21st, 2024. Demand Notice Details The exact nature of the tax discrepancy is unclear from […]

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