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Posts Tagged ‘ YoungMonk Technologies Pvt. Ltd. ’

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 ...

layoff

Used-car marketplace GoZoomo sacks 130 people

Youngmonk Technologies Pvt Ltd, which runs online marketplace for pre-owned cars GoZoomo, has laid off nearly 35 per cent employees barely a year after starting up. The development was first reported by YourStory, quoting CEO Arnav Kumar. As per the report, GoZoomo sacked 130 employees in its data...

4 January, 2016 | More »

Zoomo

Mobile P2P marketplace for used cars Zoomo raises $5M from existing investors SAIF Partners

Zoomo, a P2P mobile marketplace for buying and selling used cars, has secured Rs 32 crore (around $5 million) in funding from existing investor SAIF Partners. Bangalore-based YoungMonk Technologies Pvt Ltd, which owns and operates Zoomo, will use the money to expand operations and to improve technol...

2 July, 2015 | More »