At the conclusion of the June quarter, Goldman Sachs Asset Management’s ownership of CarTrade.com, an online classifieds and vehicle auction platform, climbed to 7.19% from 5.15%.

Goldman Sachs, along with its connected businesses, purchased an additional 9.78 Lakh shares of CarTrade via open market transactions, it said in an exchange filing.

This occurs one week after Warburg Pincus, a private equity (PE) firm, sold more than 40.76 lakh shares or gave up all 8.64% of CarTrade.

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