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CARS24 sees high-profile exits as global CTO, business head move on Pre-owned e-commerce platform CARS24 on Monday saw some high-profile exits, including its global CTO Jitendra Agrawal and business head Kingshuk Sanyal who have left the company to pursue other things. In a LinkedIn post, Agrawal who joined the company in July 2021, said he will be moving on from CARS24 in the next few months. "I joined CARS24 with a specific goal to help the team scale multiple countries at once - a particularly challenging task because, as an eCommerce company wi...
CARS24 sees high-profile exits as global CTO, business head move on
CARS24 sees high-profile exits as global CTO, business head move on
Source: IANS
19/07/2022 9:05:55 AM
Key News - Cars24, HCL Technologies Ltd, Kalpataru Power Transmission Ltd, Granules India Ltd, RBL Bank Ltd, IndiGo By ARETE Securities Key News Cars24 and Bajaj Finance partner to provide financing to used car buyers Cars24, a leading e-commerce platform for pre-owned vehicles has collaborated with Bajaj Finance Ltd., to lift the veil from used car financing and facilitate a quick, frictionless and streamlined shopping experience. This move follows a Series G funding round announced in December 2021 where the firm raised $400 million at a $3.3-billion valuation. While the consumer demand for pre-owned vehicles is skyro...
Key News - Cars24, HCL Technologies Ltd, Kalpataru Power Transmission Ltd, Granules India Ltd, RBL Bank Ltd, IndiGo By ARETE Securities
Key News - Cars24, HCL Technologies Ltd, Kalpataru Power Transmission Ltd, Granules India Ltd, RBL Bank Ltd, IndiGo By ARETE Securities
Source: ARETE Securities Ltd
31/12/2021 9:28:20 AM
Key News - Cars24, Adani Transmission Ltd, Axis Bank Ltd, Vedanta Ltd, Tata Technologies Ltd By ARETE Securities Key News Cars24 raises $400 mn in funding, valuation up 83% at $3.3 bn in 3 months Cars24, an online seller of pre-owned vehicles, said on Monday that it has raised $400 million in funding at a $3.3 billion valuation and will use the capital to expand its business. The company said it will use the investment to expand in the Middle East, Australia and Southeast Asia, and strengthen its foothold in the Indian market. The company’s last funding round was in September when it raised ...
Key News - Cars24, Adani Transmission Ltd, Axis Bank Ltd, Vedanta Ltd, Tata Technologies Ltd By ARETE Securities
Key News - Cars24, Adani Transmission Ltd, Axis Bank Ltd, Vedanta Ltd, Tata Technologies Ltd By ARETE Securities
Source: ARETE Securities Ltd
21/12/2021 9:30:19 AM
CARS24 raises $450mn, nearly doubles its valuation to $1.84bn CARS24, India's leading e-commerce platform for pre-owned vehicles, has closed a $450 million round of funding, including a $340 million Series F equity round alongside $110 million debt from diversified financial institutions. The Series F equity round was led by DST Global, Falcon Edge and SoftBank Vision Fund 2 along with participation from Tencent and existing investors Moore Strategic Ventures and Exor Seeds. With the latest investment, CARS24 plans to expand its global presenc...
CARS24 raises $450mn, nearly doubles its valuation to $1.84bn
CARS24 raises $450mn, nearly doubles its valuation to $1.84bn
Source: IANS
20/09/2021 11:53:08 AM
Contactless Shopping: Now buy a car online from CARS24 As part of its latest offering triggered by the ongoing Covid pandemic, pre-owned vehicles e-commerce platform CARS24 is offering home delivery, six-month warranty and a 'no questions asked' seven-day return policy to the car buyers, making the experience of buying a vehicle much like buying any other product online. The company has built an assortment of over 10,000 cars, all of which will be available for online purchase. Additionally, transparent pricing and a technology enabled...
Contactless Shopping: Now buy a car online from CARS24
Contactless Shopping: Now buy a car online from CARS24
Source: IANS
10/06/2021 9:21:42 AM