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After Norges Bank stake purchase, Elara initiates a buy on CarTrade Tech, sees 50% upside post 160% 1-year rallyElara Capital initiated coverage on CarTrade Tech with a Buy rating, targeting ₹3,590, implying 50% upside. The multibagger stock rallied 1...- Norges Bank adds multibagger Cartrade Tech, 2 more smallcaps in Rs 209 crore worth bulk dealsNorway’s sovereign wealth fund, via Norges Bank, purchased shares worth Rs 209 crore in Cartrade Tech, Aarti Pharmalabs, and Tanla Platform...
- Warburg Pincus in talks to invest Rs 1,500 crore in MedPlusMultiple people aware of the deal told ET that the money, a mix of debt and equity, will be used to pay off existing lenders such as Goldma...
- Shriram Transport to sell Automall for Rs 156 crore to MXCMXC operates carwale.com and cartrade.com.
- February saw 25 per cent of total M&A deals in Indian start-ups: GTApart from this there were about five deals in the e-commerce space, including investments by angel investors.
- With big deals in boot, auto portals woo car sellersTruebil is in talks with over 100 dealers of which nearly 45% are actively using its dashboard. Apart from generating revenue from providin...
- Droom clocks GMV of Rs 104 crore; Launches month-long auto festivalThe announcement also comes days after the Gurgaon-based company it had clocked monthly gross merchandise value (GMV) of Rs 104 crore over ...
- March Capital Partners makes final close of maiden fund at $240 millionSumant Mandal, partner at March Capital Partners said that the investment firm will continue to explore investment opportunities in Asia’s ...
- CarDekho acquires virtual reality startup Volob TechnologiesThis is the eight such transaction entered into by its parent company GirnarSoft, which has emerged as one of the most active players in th...
- CarDekho.com parent GirnarSoft acquires SaaS startup ConnectoIn an official statement issued by GirnarSoft, the company said it will leverage Connecto’s tools to improve user experience across all its...
- GirnarSoft makes strategic investment in Advanced Structures IndiaGirnarSoft, the parent company of auto classified portal CarDekho.com, has made a strategic investment in car testing and benchmarking firm...
- CarDekho owner Girnar Software sacks 60 employees to streamline management, resourcesApart from Help On Wheels bought earlier this month - Girnar's fifth acquisition in two years - it acquired Times Internet-backed ZigWheels...
- CarDekho acquires Help On Wheels for an undisclosed sum in an all-cash transactionAccording to the press statement, Help On Wheels, which was founded in 2014, claims to have a client base of over 50,000 and pan-India serv...
- Warburg Pincus to invest Rs 850 crore in Ecom ExpressWarburg Pincus has invested over Rs 850 crore in Ecom Express,one of the leading logistic solutions providers to the Indian e-commerce indu...
- JP Morgan buys Canaan India portfolio for $200 millionThe transaction has closed and JP Morgan Asset Management owns Canaan’s stake in all its domestic portfolio firms from this month, they sai...
- Startups vie for IPL airspace with biggiesIndustry watchers estimate the ongoing IPL 2015 to rake in over Rs 1,000 crore for its official broadcaster, Multi-Screen Media.
- Quikr in talks with MobiKwik, Paytm for in-site payment options on its platformMumbai-based Citrus Pay, is also believed to have had discussions with Quikr. Citrus Pay founder Satyen Kothari declined to confirm this.
- Investors betting big on automobile classifieds platforms like CarTrade.comThe news of CarTrade's latest funding comes a day after Ratan Tata, invested an undisclosed amount in GirnarSoft, which owns CarDekho.com.
- CarDekho raises Rs 307 cr in fresh funding roundCarDekho.com has raised $50 million, or about Rs 307 crore, in a new round of funding led by Chinese funds Hillhouse Capital and Tybourne C...
- China's Hillhouse may lead $50 million investment funding in CardekhoGirnar Software, which owns Cardekho, Bikedekho and Pricedekho, had received $15 million from Sequoia in Nov 2013, in its 1st round of fund...
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