Wednesday, February 8, 2017

CarTrade raises US$55M to grow through acquisitions, expand to new areas

In November 2015,*CarTrade*acquired rival CarWale, and the*combined entity*has about 15M unique customers per month, and partners with 8,000 dealers CarTrade, a leading online automobile classifieds platform in India, has raised US$55 million, led by existing investor Singapore-based Temasek Holdings, with participation from a large family office in the US. This capital injection will be used […]
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