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Posts Tagged ‘ CarTrade ’

Used-car marketplace GoZoomo shuts shop, returns remaining capital to investors

Friday, August 26, 2016 | More »

Arnav Kumar, CEO, GoZoomo
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 ...

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Used car portals on a fundraising spree

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 | More »

Amit Jain, CEO & Co-Founder,
GirnarSoft, CarDekho

There is no scope for a third player in online auto classifieds: CarDekho’s Amit Jain

Jaipur-based Girnar Software Pvt. Ltd, which runs automotive classifieds portal Cardekho.com, is arguably the biggest non-metro startup in India. Its valuation has grown almost eight times in three-and-a-half years to around $380 million when it last raised money in March from Google Capital and Hil...

8 August, 2016 | More »

cars-by-junaid

Pre-owned car marketplace HopCar merges with Spinny

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 | More »

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Droom raises Series B funding from Beenext, Digital Garage and others

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 | More »