Automobile Classifieds Portal - CarTrade

Automobile Classifieds Portal CarTrade Raised US$55Mn From Singapore’s Temasek

Automobile classifieds portal, CarTrade.com, has raised US $55 million (about INR 369 crore) from Singapore-based investment firm Temasek alongside a large US family office. The raised capital will be used by the company to make acquisitions, expand into new areas like auto finance, and sharpen its services to consumers, dealers and OEMs. Vinay Sanghi, Founder and […]

Transport Logistics Provider - Rivigo

Transport Logistics Provider Rivigo Secures US$75Mn For A Minority Stake From Warburg Pincus

Private equity firm Warburg Pincus has invested US $75 million (about INR 500 crore) in Gurugram based surface Transport Logistics Provider Rivigo Services for a minority stake (against series C), in one of the largest equity financing rounds raised by an Indian startup this year. Rivigo, will deploy the fresh funds in technology and talent. […]

B2B Logistics Startup - FR8

B2B Logistics Startup FR8 Raised About US$1Mn From Agritech VC Firm Omnivore Partners

Chennai-based B2B logistics startup, FR8 (pronounced “Freight”), has raised US $1 Million (about INR 6.5 Crore) from Agri-tech-focused VC firm Omnivore Partners. FR8 is a technology driven logistics service provider, offering long haul trucking solutions to large corporates, SMEs, and the agribusiness ecosystem. The raised capital will be used to ramp up its operations and […]

Online Lending Platform CreditMate

Online Lending Platform CreditMate Raised US$500K Seed Funding From India Quotient

Online Lending Platform for used bykes, CreditMate, has raised US $500K in seed round of funding from early stage fund India Quotient. The startup uses data-driven algorithms to lend against purchase of used two-wheeler. CreditMate is an online lender focused on the used two-wheeler market in India. In India, two-wheeler remain the default mode of […]

Cab Rental Platform - MyTaxiIndia

Cab Rental Platform MyTaxiIndia Raised USD$1M In Bridge Round From Nihon Kotsu

Intercity Cab Rental Platform, MyTaxiIndia, has raised USD $1 Million (around INR 6.65 crore) in a bridge round of funding from existing investor Nihon Kotsu Co, a leading taxi rental company in Japan, Anshuman Mihir, co-founder and CEO, MyTaxiIndia, reported. It is for local, outstation or holidays tour. MyTaxiIndia already has the largest ISO 9001:2008 […]

Freight Logistics Marketplace - Dipper

Freight Logistics Marketplace Dipper Raised Angel Funding

Freight Logistics Marketplace, Dipper run by Dipper Technologies Pvt. Ltd, has raised funding from an angel investor. The raised capital will be used for marketing initiatives and ramping up operations, besides expanding its teams in Delhi and other regions. It will also use the capital for testing scalable marketing and operational models, he said. Besides, […]

Logistics Tech Startup - GoBolt

Logistics Tech Startup GoBolt Raised Funding From Startup Incubator MCube8

Logistics Tech Startup, GoBolt run by Camions Logistics Solutions Pvt. Ltd, has raised pre-Series A funding from startup incubator MCube8, a division of financial advisory firm MCube Capital. The raised capital, though the size was not disclosed, will be used by the startup for business, technology development and ramp up the company operations revealed one […]

Used Automobiles Online Marketplace - Droom

Used Automobiles Online Marketplace Droom Raised Series B Funding From Beenext, Digital Garage & Others

Used Automobiles Online marketplace & Auto Services, Droom run by Droom Technology Pvt. Ltd, has closed USD $35 Million approx funding in Series B round, at its valuation to around USD $200 million, led by Singapore-based early stage technology fund Beenext and Japan’s start-up investment and incubation firm Digital Garage reported ET Tech. This transaction happened at a time when […]

Two Wheeler Servicing Platform - Let’s Service

Two Wheeler Servicing Platform Let’s Service Raised Angel Funding From QuEST’s Ajay Prabhu Julia Computing Inc.’s Deepak Vinchhi

Two Wheeler Servicing Platform, Let’s Service run by run by LetsService Automotive Technologies Pvt. Ltd, has raised angel funding from QuEST Global chief operating officer Ajay Prabhu and Julia Computing Inc. co-founder Deepak Vinchhi. The funds raised were not disclosed but they will use the raised capital to build technology, streamline operations and upgrade its app, Sachin Shenoy, […]