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    Question

    CarTrade Tech will acquire online marketplace OLX

    India's auto sales business for how much of a cash consideration?
    A Rs.537 crore Correct Answer Incorrect Answer
    B Rs.612 crore Correct Answer Incorrect Answer
    C Rs.743 crore Correct Answer Incorrect Answer
    D Rs.877 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    CarTrade Tech will acquire online marketplace OLX India's auto sales business for Rs 537 crore. CarTrade will acquire 100% stake in Sobek Auto India Pvt Ltd, the entity which houses OLX India’s automotive business for a cash consideration.

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