Cars24 raises $450Mn at a $1.84Bn valuation
By MYBRANDBOOK
Gurugram based e-commerce platform for pre-owned vehicles Cars24 has raised $450 million in a funding round conducted by DST Global, Falcon Edge Capital and new investor SoftBank Vision Fund. The deal includes $110 million debt, valued Cars24 at $1.84 billion, escalating to a billion dollars in November last year.
"Traditionally, car selling or buying has been a tiresome process, and only two of 100 people own cars in India. However, over the last six years, we have been working continuously towards fulfilling the dreams of many Indians to own a car by transforming the customer's journey- 'the CARS24 way' that is hassle-free, safe and transparent," Vikram Chopra, co-founder and CEO of Cars24 said.
Google Play Store will now let users download two apps simulta
Google Play Store now lets users download two apps simultaneously. While a...
Google Pay has added "Open Wallet" shortcut
With the introduction of the "Open Wallet" shortcut, Google Pay has impro...
TRAI targets to finalise National Broadcast Policy by May-end
The Telecom Regulatory Authority of India will finalise the National Broa...
TAC Security becomes Cyber Security Assessor for the App Defen
The cybersecurity company, TAC Security has been selected as a key Cyber ...
CP PLUS INDIA PVT. LTD.
SAMSUNG INDIA ELECTRONICS PVT. LTD.
BHARAT ELECTRONICS LTD.
ATRIE TECHNOLOGY PVT. LTD.
Technology Icons Of India 2023: Lt Gen (Dr.) Rajesh Pant (Retd.)
LT Gen(Dr.) Rajesh Panth (Retd.), National cyber security coordination...
Technology Icons Of India 2023: Sridhar Vembu
Sridhar Vembu is an Indian billionaire business magnate and the Founde...
Technology Icons Of India 2023: Ashwini Vaishnaw
Ashwini Vaishnaw is an Indian politician and former IAS officer and is...
CSCs enabling rural India digitally empowered
Common service centres (CSCs) are digital access points under the Digi...
CERT-IN protecting the cyber security space of India
CERT-In serves in the area of cyber security threats like hacking and ...
BSE provides highly secure, efficient and transparent market for trading
BSE (formerly known as Bombay Stock Exchange Ltd.) is Asia's first & t...
NETPOLEON SOLUTIONS
Netpoleon Group is a Value-Added Distributor (VAD) of Network Security...
BEETEL TELETECH LTD.
: Beetel is one of the oldest and most reputed brands in the Industry,...
Crayon Software Experts India Pvt Ltd
Crayon helps its customers build the commercial and technical foundati...