Mumbai: OLX India, a material wholly owned subsidiary of CarTrade Tech Limited, has announced the appointment of Varun Sanghi as Non-Executive Chairman.

Sanghi has been associated with CarTrade Tech Limited for over a decade and currently serves as Chief Strategy Officer. Over the years, he has played a key role in shaping the company's strategic direction and driving growth initiatives across the group. He has contributed across multiple domains including corporate finance, business development, product development, and strategic investments. Sanghi was also part of the leadership team involved in the acquisition of OLX India in 2023 and has since led post-integration efforts, focusing on scaling the platform and accelerating growth.

Additionally, he heads CarTrade Labs, the company's innovation and technology hub, which focuses on building next-generation digital solutions. His contributions have been widely recognised, with accolades including listings in Forbes India's 30 Under 30 and Business World's 40 Under 40 - Auto Industry Leaders. In his new role as Chairman, Sanghi will provide strategic guidance and work closely with the Board and leadership team to steer OLX India's next phase of growth, with a 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."