Used car marketplace Truebil raises $3 mn from Chinese VC fund

CarcrewTruebil, an online marketplace for pre-owned cars, has secured $3 million (about Rs 20 crore) in a follow-on series A funding round from China-based Venture Capital Fund Shunwei Capital. The amount will fund the company’s expansion plans, apart from streamlining its operations. Part of the money raised will also go into skill development and upgrading […]

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Used car marketplace Truebil raises $3 mn from Chinese VC fund

CarcrewTruebil, an online marketplace for pre-owned cars, has secured $3 million (about Rs 20 crore) in a follow-on series A funding round from China-based Venture Capital Fund Shunwei Capital. The amount will fund the company’s expansion plans, apart from streamlining its operations. Part of the money raised will also go into skill development and upgrading […]

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Exclusive: Car services marketplace VOW CarClinic raises angel funding

SEED_FUNDING_feGurgaon-based GreyHair Ventures Pvt Ltd, which runs car servicing and repair startup VOW CarClinic, has raised an undisclosed amount of angel funding, the firm’s co-founder Abhishek Menon Ramachandran told TechCircle.in. The investment was made by Vishal Malik, founder and director of IT services firm Gemini Solutions and a group of Indian Institute of Technology (IIT), […]

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Is funding truly a game-changer for start-ups?

Sandeep AggarwalStart-ups, like all other businesses, require funds to conduct their business activities. While the initial investment, also known as seed-funding, is generally sourced from friends, family and people who have faith in the idea, this fund is mostly used up in bringing the business from the kitchen of thoughts to the practical dissection table of […]

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Used car portals on a fundraising spree

carOnline automobile marketplace, especially for used cars and other vehicles, is a fast growing segment that has seen a lot of investments flowing in alongside a few mergers and acquisitions. Enthused by the growing customer base and transactions on these platforms, South African internet and digital media firm Naspers launched its used car platform Stradia.in […]

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Freedom is what I seek

Freedom-collageBe the change that you wish to see in the world, said Mahatma Gandhi. And nobody epitomizes this better than India’s young and feisty startup entrepreneurs as they create new businesses, disrupt age-old sectors and change the way people eat, dress, work, shop, travel, relax and enjoy. As India gets set to celebrate its 70th […]

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Freedom is what I seek

Freedom-collageBe the change that you wish to see in the world, said Mahatma Gandhi. And nobody epitomizes this better than India’s young and feisty startup entrepreneurs as they create new businesses, disrupt age-old sectors and change the way people eat, dress, work, shop, travel, relax and enjoy. As India gets set to celebrate its 70th […]

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Pre-owned car marketplace HopCar merges with Spinny

cars-by-junaidOnline pre-owned automobile marketplace HopCar has merged its operations with bigger rival Spinny. The merged entity will continue to operate under Spinny’s brand name with the four co-founders of HopCar becoming core team members at Spinny. The merger allows Delhi-based Spinny to further strengthen its position in the Delhi-NCR region and bring greater efficiency to […]

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Droom raises Series B funding from Beenext, Digital Garage and others

droomOnline marketplace for used automobiles Droom has raised an undisclosed amount in its Series B funding round from investors led by venture capital fund Beenext and Japanese internet company Digital Garage. Lightbox, Beenos and other existing investors also participated in this round. Teruhide Sato, founder and former CEO of Japanese e-commerce company and investor firm […]

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