September 24, 2017 6:54 AM ET

Internet Software and Services

Company Overview of MXC Solutions India Pvt. Ltd.

Company Overview

MXC Solutions India Pvt. Ltd. operates an online auctions platform to buy and sell new and used vehicles. Its platform enables users to carry out vehicle evaluations through their mobile phone, check used car buying index, and upload photos and evaluation reports online; and get reports on customers whose insurance is due for renewal/upgrade, and finance customers due for top up loans. The company’s platform also provides listings; and enquiries of customers wanting to purchase new and used vehicles. In addition, it offers lead management tool that helps users to track enquiries with follow up dates and reminders on due dates; and Dealer Management System, a software solution that addresses ...

301, Lloyds Centre Point

Above Tata Motors Showroom

Unit No. 31 & 32

1096A Appasaheb Marathe Marg, Prabhadevi

Mumbai,  400025

India

Founded in 2000

Phone:

91 22 6129 1700

Key Executives for MXC Solutions India Pvt. Ltd.

Founder and Chief Executive Officer
Age: 48
Co-Founder
Age: 47
Head of West and East - Fleets
Business Head of Exchange
Age: 64
Online Head
Compensation as of Fiscal Year 2017.

MXC Solutions India Pvt. Ltd. Key Developments

MXC Solutions Mulls Acquisitions

MXC Solutions India Pvt. Ltd. (CarTrade.com) is looking for acquisition opportunities. CarTrade on February 8, 2017, said that it has raised $55 million in a fresh round of funding led by Temasek, an investment company based in Singapore, alongside a large US family office. This injection of capital will be used to support CarTrade's growth plans through acquisitions, expansion into new areas such as auto finance and to further sharpen CarTrade's services to consumers, dealers and OEMs.

CarTrade.com Eyes IPO

MXC Solutions India Pvt. Ltd. (CarTrade.com) might go in for an initial public offering in the next two years.

MXC Solutions Mulls Acquisitions

MXC Solutions India Pvt. Ltd. is seeking relevant acquisitions.

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