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Kia Sonet X Line infotainment review: Why this screen matters more than everIndian car buyers now prioritize infotainment, with over 60% seeking advanced connectivity. The Kia Sonet X Line excels with sharp dual scr...- Fidelity, Accel lead $160–170 million investment round in SpinnySpinny has secured 160–170 million in a funding round led by US-based investors Fidelity and Accel Leaders Fund. The deal includes 90 milli...
- CarTrade, CarDekho parent end acquisition talksCarTrade Tech has pulled the plug on its planned takeover of Girnar Software's automobile classified units – CarDekho and BikeDekho. After ...
- CarTrade confirms acquisition talks with CarDekho parentCarTrade Tech is in talks to acquire CarDekho and BikeDekho. This potential deal would unite two major players in India's auto classifieds ...
- 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...
- WPP & ITW in fray for front-of-jersey cricket sponsorship for national cricket teamWPP Media and ITW Universe are among those vying for the Indian cricket team's jersey sponsorship. A cement manufacturer and a tech firm al...
- Spinny closes $131 million funding round from existing investors led by Accel Leaders FundSpinny had last raised $283 million in December 2021 led by Abu Dhabi-based ADQ, Tiger Global and Avenir Growth – in a round that catapulte...
- Cars24 nears Rs 7,000 crore topline in FY24; net loss expandsWhile higher depreciation and tech investment costs pushed up the losses, Ruchit Agarwal, cofounder and CFO of the SoftBank-backed used car...
- Spinny cuts FY24 losses; revenue's up 14% on-yearThe Tiger Global-backed company reported a 14% year-on-year increase in operating revenue to Rs 3,725 crore for FY24, according to its fina...
- Credit platform BlackSoil raises Rs 100 crore in equity fundingBlackSoil, an alternative credit platform, raised Rs 100 crore in equity funding to enhance its credit profile. Funds will be used to enhan...
- CarTrade Tech says it owns classifieds platform OLX’s entire India businessThe company had earlier said that it was acquiring 100% of Sobek Auto India Pvt Ltd, the entity that houses OLX India's auto business, but ...
- Spinny announces launch of stock option plan for all employees“Since the inception, we have focussed on nurturing a healthy working environment and a robust value system where we work to build a truste...
- Spinny completes ESOP buyback worth $12 millionThis is the first ESOP buyback that Spinny, which recently onboarded former cricketer Sachin Tendulkar as a strategic investor, has facilit...
- Ad giants' grip loosens; Indian VCs bet big on Web3Alphabet and Meta's local units accounted for more than 85% of the equalisation levy collected by India in the financial year 2020.
- Indian VCs bet big on Web3; crypto crimes to be non-bailable, says reportDespite the uncertainty around crypto – and thus blockchain technology – in India, Web3 firms are attracting attention – and big cheques – ...
- Cars24 in talks to close $350-million funding round at $2-billion valuationCars24, an online marketplace for used cars, is in the final stages of closing a $300-350 million funding round led by existing investor DS...
- ETtech Deals Digest: Swiggy, Lenskart raise funds this weekFood delivery platforms made headlines this week.
- Spinny gets $65 million funding at a valuation of $350 millionSpinny, with its 900 employees, currently operates in nine cities and plans to expand to six more in 2021. It sells used cars in the Rs 4-8...
- Alteria Capital looking to raise up to Rs 1,750 crore in second fundWith its ability to recycle capital, Alteria Capital will effectively have more than Rs 4,000 crore available for funding startups across v...
- Small retail is beautifulTraditional kirana stores and standalone supermarkets are giving big retail chains a run for their money
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