CarTrade Tech has announced the appointment of Varun Sanghi as the Non-Executive Chairman of its wholly-owned subsidiary, OLX India. A long-standing leader within the CarTrade group, Sanghi was pivotal in the 2023 acquisition of OLX India. In his new role, he will guide the organization’s strategic growth and focus on building a more trusted, product-led digital marketplace for customers and partners.
Strategic Leadership Transition
As of April 7, 2026, Varun Sanghi has taken on the mantle of Non-Executive Chairman at OLX India. Having served at CarTrade Tech for over a decade, Sanghi brings extensive experience to this role, previously serving as the company’s Chief Strategy Officer. His leadership has been instrumental in shaping the group’s strategic direction and driving core growth initiatives.
Impact and Future Vision
Mr. Sanghi’s expertise was central to the successful acquisition of OLX India in 2023 and the subsequent integration of the platform. Beyond his new chairmanship, he continues to lead CarTrade Labs, the group’s innovation hub dedicated to advancing next-generation digital automotive solutions. His appointment is expected to strengthen the platform’s focus on innovation, customer-centricity, and disciplined execution.
Commitment to Growth
Commenting on his new responsibilities, Varun Sanghi emphasized his dedication to the platform’s evolution: “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.” Under his guidance, the board and leadership team aim to enhance long-term value for all stakeholders as the business enters its next phase of expansion.
Source: BSE
