Logix Microsystems, India`s fastest growing software company in the automotive retail space has announced its entry into the Turkish market, with the launch of arababul.com, Turkey`s first new car portal.

The portal, powered with the market leading web 2.0 interactive animations developed by Logix, has been designed, developed, hosted, and updated by Carazoo, a Logix division, as part of a turnkey solution provided to a client in Turkey.

Arababul.com is presently available in two languages; English and Turkish, and has a comprehensive used car module.

Shares of the company declined Rs 0.35, or 0.69%, to settle at Rs 50.25. The total volume of shares traded was 117,094 at the BSE (Wednesday).