Three Unicorn startups — CARS24 Services Pvt., CarDekho and Spinny — that buy and sell pre-owned vehicles are in early talks with bankers to assess investor appetite
‘New Cars’ has been rolled out as an online-only offering on the company’s website, where the platform will act as an aggregator for various auto OEMs to list their cars. This includes detailed video walkthroughs, on-road pricing details, test drive services, and financing options.
Started in April 2024, Rupyy’s used commercial vehicle lending business has already disbursed Rs 300 crore in loans. The fintech also plans to foray into SME and MSME loans in the next two-five years.
CarDekho will be the second auto classifieds portal to go public in India after CarTrade.com's parent company, which went public in August 2021.
To begin with, Rupyy will give loans of less than Rs 40,000 and move to Rs 2 lakh and above in near future, co-founder and CEO Namit Jain has said
CarDekho CEO and Shark Tank India judge Amit Jain said, 'When there are alpha personalities fighting for same deals, there are bound to be heated ones also.'
When asked if he has been able to form friendships with other judges on Shark Tank India, CarDekho CEO Amit Jain said...
The fresh capital will be used to scale product and tech functions and strengthen the leadership team.
Ratan Tata birthday: CarDekho co-founder Amit Jain recalled the industrialist mentoring him and his brother in the early days of his start-up.
Shark Tank India judge Namita Thapar also hit out at a Twitter user who suggested that the show was not a real investors' pitch but just a reality show to garner TRPs.
Shark Tank India season 2: Amit Jain, the new "Shark", believes in living in the moment and has a strong drive to build for the future while having a great time with his family.
Powered by a compact plug-and-play device that can be connected to any vehicle, Uplink provides round the clock safety, security and surveillance of the vehicle, CarDekho said.
When contacted, Girnarsoft Group - that runs CarDekho - said COVID-19 has led to disruptions across industries and auto is one of the worst hit sectors.
The company has raised the capital in a Series C funding with investments from Sequoia India, Hillhouse, CapitalG (Alphabet growth investment arm) and Axis Bank.
The company expects to break-even in a whole-year basis in FY19.
TO THE NEW, a digital technology company organized GeekCombat, a 2-day hackathon at their Noida office last week. The hackathon was co-sponsored by ...
Auto portal CarDekho's parent GirnarSoft is laying off around 60 staffers.
The company also claimed that the gross merchandise value is more than Rs 1,000 crore presently. Founded in 2014 in Silicon Valley, Droom buys and sells new and used automobiles and automobile services.
The Chairman Emeritus of Tata Sons and Senior Advisor to IDG Ventures India, has invested an undisclosed amount in his personal capacity into Brainbees Solutions, which owns the FirstCry.com brand, the company said in a statement.
"Ratan Tata has invested an undisclosed amount in DogSpot.in. Ronnie Screwala also invested in this round along with a few new and existing investors," DogSpot.in co-founder and CEO Rana Atheya said.
Operational in six cities -- Delhi-NCR, Bengaluru, Mumbai, Chennai, Pune and Hyderabad -- UrbanClap allows users to book over 80 services, including plumbing, electrical work, beauty, wellness, tutorials and wedding photography.
'The Digital Garage' showcased the global best practices and innovations in the digital-automotive domain. It emphasized the importance of digital in auto & emerging needs of the OEMs and dealers in this space.