The 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.

The initial public offerings (IPO) of Chemplast Sanmar and Aptus Value Housing Finance received mixed responses on the final day of bidding...

The 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...

Founded in 2012 by Rohan Albal and Amit Shetty, PowerDrift claims to have over 240 million lifetime views on its YouTube channel with an av...

With this acquisition, GirnarSoft group through its various acquisitions has a cumulative subscription base of 1.4 million users with a tra...

MXC operates carwale.com and cartrade.com.

The losses of the online auto portals are increasing on the back of high marketing and advertising expenses. However, this has not stopped ...

Growing 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...

Vinay Sanghi, founder of CarTrade, confirmed to ET the closure of the Series-G round, but declined to name the new investor, citing confide...

Truebil is in talks with over 100 dealers of which nearly 45% are actively using its dashboard. Apart from generating revenue from providin...

In a market that does not inspire much confidence in financiers or buyers, the company has launched a certification service to provide qual...

CarTrade recently raised Rs 950 crore from Singapore-based investment firm Temasek and global venture capital firm March Capital.

The money will be used to fund the cash acquisition of rival CarWale from German media conglomerate Axel Springer.

In another move signalling consolidation in the online auto classifieds space, Jaipur-based CarDekho is acquiring Zigwheels, an auto portal...

Capillary Technologies has raised about Rs 300 crore ($45 million) led by New York-based private equity firm Warburg Pincus.

The news of CarTrade's latest funding comes a day after Ratan Tata, invested an undisclosed amount in GirnarSoft, which owns CarDekho.com.

Girnar Software, which owns Cardekho, Bikedekho and Pricedekho, had received $15 million from Sequoia in Nov 2013, in its 1st round of fund...