CarDr.com ropes in Sanjay Patel as Chief Executive Officer

CarDr.com announced the appointment of Sanjay Patel as Chief Executive Officer.

Previously, he co-founded Swap Motors, revolutionising the way individuals buy, sell, and trade vehicles online in the U.S.

The company is backed by Red Fort Capital, as per the company statement.

Parry Singh, Founder and Chairman, CarDr.com, said, "We are thrilled to welcome Sanjay Patel to the helm of CarDr.com. His diverse background, which includes founding Swap Motors and leading successful private equity endeavours, speaks volumes about his capabilities. Being the Founder and CEO of Red Fort Capital as well, this is setting the stage for our group’s entry into the used car lending market via our proprietary fintech platform, CarFin.com. Bolstered by CarDr.com's robust SaaS capabilities, Red Fort Capital is set to disrupt the landscape of automotive transactions and financing."

Patel said, "I am honoured to take on the role of CEO at CarDr.com. The company's dedication to innovation and customer value resonates deeply with me. I am eager to leverage my experience from Swap Motors and the private equity sector to drive CarDr.com's growth and impact positively."

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