Mumbai, April 8, 2026 : Sobek Auto India
Private Limited (“OLX India”) material wholly owned subsidiary of the
Company, today announced the appointment of Mr. Varun Sanghi as Non- Executive
Chairman.
Mr. Sanghi has been associated with CarTrade
Tech Limited for over a decade and currently serves as Chief Strategy Officer,
where he has been instrumental in shaping the Company’s strategic direction and
driving key growth initiatives across the group.
Over the years, Mr. Sanghi has played a
pivotal role across multiple areas, including corporate finance, business
development, product development and strategic investments. He was a key member
of the leadership team involved in the acquisition of OLX India in 2023 and has
since been instrumental in leading post-integration initiatives, accelerating
growth and building the platform at scale. He also leads CarTrade Labs, the
Company’s innovation and technology hub, focused on building next-generation
digital solutions and driving product innovation.
Mr. Sanghi’s contributions have been widely
recognized, including being featured in Forbes India’s 30 Under 30 list
and Business World’s 40 Under 40 – Auto Industry Leaders.
As Chairman of OLX India, Mr. Sanghi will
provide strategic insights and work closely with the Board and leadership team
to guide the company through its next phase of growth, with a continued focus
on innovation, trust, and customer-centricity.
Varun Sanghi, Chief Strategy Officer, CarTrade
Tech Limited, said: “I am honoured to take on the role of Chairman at OLX
India. Having been closely involved with the business over the past few
years, I have witnessed the strength of the platform and the significant
opportunity ahead. Our focus will be on building a more trusted,
product-led marketplace, with disciplined execution and a clear focus on
long-term value for our customers and partners. I look forward to working
closely with the Board and leadership team as we enter this next phase of
growth.”
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