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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...- 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...
- 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...
- 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...
- CarDekho set to acquire ZigwheelsIn another move signalling consolidation in the online auto classifieds space, Jaipur-based CarDekho is acquiring Zigwheels, an auto portal...
- With investments of over $400 million in 2014, Warburg Pincus is slowly warming up to India all over againGiven its early success in India — it earned $1.3 billion in 2004 from a $300 million investment in Bharti Airtel.
- 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.
- 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.
- 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.
- 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...
- Online auto classifieds player CarDekho plans to raise Rs 300 croreCarDekho will join the growing tribe of Indian consumer tech startups with a valuation of Rs 1,000 crore or more, which includes the likes ...
- Cardekho looks to buy Gaadi.com for $11 mnIbibo Group is in talks to sell Gaadi.com to Cardekho. The deal could trigger the first consolidation move in a fragmented online auto clas...
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