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Classification of public data; Groww’s journey to IPOHappy Wednesday! The government is mulling a classification system for non-personal data. This and more in today's ETtech Morning Dispatch.- IPO pipeline worth $1 billion builds for India used-car startupsIndian online used car vendors like CARS24, CarDekho, and Spinny are streamlining operations and divesting from secondary ventures to prepa...
- CarDekho Group reports 11% fall in FY24 net revenue; net loss narrowsThe Jaipur-based company, which operates businesses such as vehicle classifieds, insuretech and fintech, discontinued its used car sales bu...
- CarDekho Group eyeing 40% consolidated growth in FY25: Founder Amit JainCarDekho Group, led by CEO Amit Jain, eyes 40% growth in FY25 with profitable auto marketplace and IPO plans. Expansion in Southeast Asia a...
- Summon likely for Apple over threat alert; a new-age company trend in IPOsA parliamentary committee may summon representatives from Apple after several opposition leaders said they received an alert of a potential...
- CarDekho Group narrows loss to Rs 246 crore in FY22The firm which enables buying and selling cars and bikes, including electric vehicles, besides providing information and research; insuranc...
- CarDekho to infuse $100 million in its fintech subsidiary RupyyIPO-Bound car search platform CarDekho Group on Monday said it aims to infuse $100 million in its Fintech entity called Rupyy in a mix of d...
- Automobile marketplace Droom files Rs 3,000-cr IPO papersThe company may consider a private placement of equity shares aggregating Rs 400 crore. If the pre-IPO placement is undertaken, the fresh i...
- CarDekho Group appoints Mayank Gupta as chief financial officerJain said, "2021 has been a remarkable year for CarDekho, as the company has entered the Unicorn Club... Mayank's proven track record of le...
- CarDekho enters unicorn club with $250 million funding led by Leapfrog InvestmentsThe round includes $200 million Series E equity and $50 million as debt in its pre-IPO round, sources in the know told ET.
- Truecaller goes public; CarDekho heads for unicorn clubTruecaller, the Swedish-yet-desi company that changed the way we all use our phones, made its debut on Nasdaq Sweden earlier today with a m...
- Exclusive: CarDekho set to turn unicorn with Mirae, AIA Group-led funding roundCarDekho is in advanced talks to raise $100-150 million in a funding round led by Hong Kong-based insurance giant AIA Group and South Korea...
- India’s used car market to see significant, tech-driven growth: ReportThe car services and repairs market is likely to grow at a compounded annual growth rate of 12% to reach $25 billion by 2030, as compared t...
- After electric scooter, Ola wants to sell used cars onlineOla is likely to enter retailing of used cars, a segment that is growing fast as consumers look for affordable personal mobility amid the p...
- ETtech Deals Digest: Gupshup, Droom raise funds this weekConversational messaging startup Gupshup and social media platform Sharechat were among the startups that raised funds this week.
- Trifecta Capital announces first close of Rs 1,500-crore late-stage fundTrifecta Capital will invest in late-stage startups that are likely to seek liquidity outcomes over the next 12-36 months. It has already m...
- Trifecta to launch Rs 1,500-crore equity fund for startups with imminent IPOsAs an increasing number of mature startups target the equity markets for a public market listing, late stage is emerging as a big investmen...
- Struggling online auto classifieds bet on used car business to increase revenuesThe losses of the online auto portals are increasing on the back of high marketing and advertising expenses. However, this has not stopped ...
- Ratan Tata invests in auto classifieds portal CarDekhoCarDekho, now valued at $300 million, recently received $50 million in a fresh financing round led by China's Hillhouse Capital, which mana...
- 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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