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CARTRADE. COM
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...
- Robust growth ignites rally in new-age stocks, 45% gains made in 6 monthsNew-age stocks surged recently, thanks to higher revenue growth and increased profitability through reduced spending. The ET E-commerce Ind...
- CarTrade Tech IPO allotment status: Here's how to check itThe issue, which was sold in Rs 1,585-1,618 price band, was subscribed 20.29 times on the closing day of the subscription on Wednesday.
- Aptus IPO subscribed 17.2x, Chemplast’s 2.17 timesThe initial public offerings (IPO) of Chemplast Sanmar and Aptus Value Housing Finance received mixed responses on the final day of bidding...
- CarTrade Tech likely to get Sebi nod for Rs 2,000 cr IPO this week; launch slated for AugustThe internet startup may announce the launch of the public offer on August 2 with the issue likely to open for public subscription in the s...
- CarDekho parent buys content firm PowerDriftFounded in 2012 by Rohan Albal and Amit Shetty, PowerDrift claims to have over 240 million lifetime views on its YouTube channel with an av...
- CarDekho acquires YouTube auto content platform PowerDriftWith this acquisition, GirnarSoft group through its various acquisitions has a cumulative subscription base of 1.4 million users with a tra...
- Shriram Transport to sell Automall for Rs 156 crore to MXCMXC operates carwale.com and cartrade.com.
- 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 ...
- With losses mounting, used car players have a challenging year aheadGrowing at an annual rate of 15%, the market was set to cross 33 lakh units by the end of last year. However, demonetisation in early Novem...
- Online automobile classifieds company CarTrade raises Rs 366 croreVinay Sanghi, founder of CarTrade, confirmed to ET the closure of the Series-G round, but declined to name the new investor, citing confide...
- 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...
- For CarTrade, fortune lies in solving financing woesIn a market that does not inspire much confidence in financiers or buyers, the company has launched a certification service to provide qual...
- CarTrade to venture into used-car financingCarTrade recently raised Rs 950 crore from Singapore-based investment firm Temasek and global venture capital firm March Capital.
- Singapore's Temasek, March Capital lead Rs 950-crore investment in CarTradeThe money will be used to fund the cash acquisition of rival CarWale from German media conglomerate Axel Springer.
- CarDekho set to acquire ZigwheelsIn another move signalling consolidation in the online auto classifieds space, Jaipur-based CarDekho is acquiring Zigwheels, an auto portal...
- Capillary raises Rs 300 crore led by PE firm Warburg Pincus, acquires two startupsCapillary Technologies has raised about Rs 300 crore ($45 million) led by New York-based private equity firm Warburg Pincus.
- 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.
- 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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