The Economic Times Startup Awards 2021Over the past seven years, the ET Startup Awards (ETSA) have grown from strength to strength and emerged by far as the most prestigious set...
Amazon’s India corruption probe; Facebook’s new public policy headAmazon has begun an investigation into allegations of corruption by its legal representatives in India and has placed a senior member of th...
Cars24 gets $450 million funding; valuation nearly doubles to $1.84 billionThe funding includes a debt component of $110 million. China’s Tencent and existing investors Moore Strategic Ventures and Exor Seeds also ...
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...
CARS24 in India brings on board Mrinal Sinha as CHROSinha will be based out of Gurugram. In this newly created role, he will focus on human resources strategy, leadership and cultural develop...
Online used cars marketplace Cars24 nears $250 million deal with DSTUsed-vehicle sales are booming in India because consumers are shunning mass transit systems to avoid catching Covid-19.
Cars24 raises new funds led by DST Global, valuation hits $1 billionThe proceeds from the funding round will be used by Cars24 to invest in new business verticals and strengthen its product and technology ca...
Cars24 has closed $100 million in Series D fundingLead investors Unbound and KCK Global put in $25 million each.
Cars24 gets legal notices from landlords over duesCars24 has shuttered about a dozen outlets in New Delhi. The landlords claim the leases were terminated before the end of the lock-in perio...
Cars24 set to pick up $80 million from backersCars24 is also in advanced stages of discussions with multiple potential new investors, who are likely to put in another $25-30 million int...
Used-car portal Cars24’s transactions grow threefold in the past 10 monthsThe Sequoia Capital-backed platform’s monthly transactions grew to 10,000 in October from 3,000 almost a year ago, cofounder Vikram Chopra ...