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CarDekho becomes 33rd unicorn after $250 mn fund raise

TMT

13 October, 2021

CarDekho becomes 33rd unicorn after $250 mn fund raise

Bengaluru: Girnar Software Pvt. Ltd. which operates online portal for new and used cars, CarDekho, has raised $250 million as ......

Cars24 raises $450 mn from SoftBank, Tencent, others; valuation pegged at $1.84 bn

TMT

20 September, 2021

Cars24 raises $450 mn from SoftBank, Tencent, others; valuation pegged at $1.84 bn

In its largest round of funding till date, India’s largest online marketplace for used automobiles, Cars24 Services, said on Monday ......

Sequoia-backed CarDekho closing one-third offline Gaadi stores; company calls it's "realigning"

Consumer

13 September, 2021

Sequoia-backed CarDekho closing one-third offline Gaadi stores; company calls it's "realigning"

Online marketplace for used cars, CarDekho has either shut or in the process of closing down over one-third of its ......

Temasek, Warburg Pincus infuse fresh capital into CarTrade

TMT

03 June, 2020

Temasek, Warburg Pincus infuse fresh capital into CarTrade

Automobile classifieds portal CarTrade.com has raised Rs 321 crore ($42.5 million) from two of its existing investors in its Series ......

Premium
Indian startups raking it in from money parked in mutual funds; ‘other income' up 31%

Finance

03 March, 2020

Indian startups raking it in from money parked in mutual funds; ‘other income' up 31%

Indian technology startups generated a neat treasury income, or income from investment of surplus cash pumped in by investors, with ......

Cardekho, Shadowfax pocket big cheques to lead startup deals this week

TMT

06 December, 2019

Cardekho, Shadowfax pocket big cheques to lead startup deals this week

Auto portal Cardekho raised $70 million in its Series D round of funding led by Hong Kong-based growth-stage investor Ping ......

CarDekho drives to Philippines, tosses Carmudi into backseat

TMT

28 November, 2019

CarDekho drives to Philippines, tosses Carmudi into backseat

Jaipur-headquartered auto-tech group CarDekho, which owns and operates CarDekho, Gaadi, ZigWheels, Powerdrift, and BikeDekho, as well as OTO in Indonesia, has ......

Grapevine: Altico resolution plan soon; DHFL may sell wholesale book to Oaktree

General

14 October, 2019

Grapevine: Altico resolution plan soon; DHFL may sell wholesale book to Oaktree

Altico Capital India Ltd, the real estate-focused lender that defaulted on interest payments in September, may float a resolution plan ......

Spinny raises Series A funding from SAIF Partners, Accel

TMT

21 May, 2019

Spinny raises Series A funding from SAIF Partners, Accel

Pre-owned cars platform Spinny has raised about Rs 92 crore ($13.2 million) in its Series A round of funding led ......

Japanese investor leads $14-mn funding round in Truebil

TMT

22 January, 2019

Japanese investor leads $14-mn funding round in Truebil

Mumbai-based online marketplace for pre-owned cars Truebil has raised a fresh investment of Rs 100 core ($14 million at current ......