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CarTrade raises $145M from Temasek, others

Wednesday, January 13, 2016 | More »

Automobile classifieds portal CarTrade.com has secured $145 million (Rs 950 crore) from Singapore state investment firm Temasek Holdings, US-based March Capital and existing investor Warburg Pincus in its latest funding round. This is the second-largest funding deal in dollar terms in the online cla...


Auto classifieds portal CarTrade buys rival CarWale

Automobile classifieds portal CarTrade has acquired rival CarWale for an undisclosed amount, the third takeover deal in the segment in little more than a year. German media conglomerate Axel Springer sold its 91.3 per cent stake in CarWale, owned by Automotive Exchange Pvt Ltd, to Car Trade Pvt Ltd ...

12 November, 2015 | More »