Posts Tagged ‘ CarDekho ’
Thursday, September 29, 2016
On 23 August, a consortium of Chinese investors acquired Yahoo ad partner Media.net for $900 million, leaving its founder Divyank and his elder brother Bhavin Turakhia fabulously wealthy. In fact, so wealthy that they found themselves on this year’s Forbes India Rich List, with a combined fortune ...
E-services, real estate, and automobiles will be the key growth areas in the digital classifieds industry, according to a joint report by Google and KPMG, released on Wednesday. The report ‘Digital Classified in India 2020’ projects that the online classifieds industry will grow three-ti...
21 September, 2016 |
Youngmonk Technologies Pvt. Ltd, which runs online marketplace for pre-owned cars GoZoomo, has decided to shut down operations as the founders failed to carve out a business model with sustainable unit economics. Confirming the development, CEO Arnav Kumar said the company has decided to return the ...
26 August, 2016 |
Online automobile marketplace, especially for used cars and other vehicles, is a fast growing segment that has seen a lot of investments flowing in alongside a few mergers and acquisitions. Enthused by the growing customer base and transactions on these platforms, South African internet and digital ...
12 August, 2016 |
Less than two years after selling second-hand cars business Gaadi.com to Google Capital-backed CarDekho, South African internet and digital media firm Naspers has re-entered the used car business in the country. It has floated Stradia.in under its multi-country classifieds venture OLX. The move seem...
23 July, 2016 |
Online pre-owned automobile marketplace HopCar has merged its operations with bigger rival Spinny. The merged entity will continue to operate under Spinny’s brand name with the four co-founders of HopCar becoming core team members at Spinny. The merger allows Delhi-based Spinny to further strength...
13 June, 2016 |
Online marketplace for used automobiles Droom has raised an undisclosed amount in its Series B funding round from investors led by venture capital fund Beenext and Japanese internet company Digital Garage. Lightbox, Beenos and other existing investors also participated in this round. Teruhide Sato, ...
1 June, 2016 |
Jaipur-based Girnar Software Pvt Ltd, which owns auto portals CarDekho.com, BikeDekho.com and Gaadi.com, has acquired virtual reality (VR) startup Volob Technologies Pvt. Ltd. The acquisition will help the company grow its 3D visualisation capabilities through virtual and augmented reality, it said ...
3 May, 2016 |
Jaipur-based Girnar Software Pvt Ltd, which owns auto portals CarDekho.com and Gaadi.com, has acquired SaaS-focused startup Connecto in a cash-and-stock deal. The acquisition will help Girnar leverage Connecto’s tools to improve user experience across all its websites and apps. Queries sent to bot...
28 April, 2016 |
Destination discovery portal Holidify is restructuring its operations and one of its co-founders has quit, in the latest instance that highlights growing pains at Indian startups as investors turn cautious and funding slows. Co-founder Rohit Shroff has left the Delhi-based startup to join Girnar Sof...
20 April, 2016 |