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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