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Posts Tagged ‘ Gaadi ’

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 ...


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 »


Exclusive: Naspers floats Stradia through OLX to re-enter Indian online used car space

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 | More »

MIH Group Naspers Arm Buys Majority Stake In Auto Portal Firm Gaadi

MIH Group, a subsidiary of the South African media group Naspers, has acquired a majority stake in Gaadi Web Pvt Ltd, which runs the auto classifieds site Gaadi.com. The deal amount and terms were not disclosed by the company. Umang Kumar, co-founder, Gaadi Web Pvt Ltd, will take over as CEO from Vi...

22 February, 2011 | More »