CarTrade’s early backers, senior execs sitting on large sums of money

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As the first online auto classifieds platform prepares to list on the Indian stock markets, some early-stage personal investments made by senior industry executives appear prescient. Mumbai-based CarTrade Tech Ltd filed its draft red herring prospectus (DRHP) for an initial public offering (IPO) over the weekend. The IPO valuation is expected ......