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Cars24's losses widen in FY22, while revenues surge 87%

TMT

09 December, 2022

Cars24's losses widen in FY22, while revenues surge 87%

Used cars marketplace Cars24 Services Pvt. reported a net loss from its domestic business of Rs 248.07 crore for FY22, ......

Cars24's India biz revenue jumps 87% in FY22

Finance

11 November, 2022

Cars24's India biz revenue jumps 87% in FY22

Used cars marketplace Cars24, on Friday reported a jump of over 87% in its FY22 India business revenue year-on-year, at ......

Softbank-backed Cars24 sees senior exits

Consumer

18 July, 2022

Softbank-backed Cars24 sees senior exits

Used car marketplace Cars24 Services Pvt Ltd, which is backed by investors such as Softbank, Tencent and DST Global,  will ......

After Vedantu, now used cars platform Cars24 asks 600 employees to go

TMT

19 May, 2022

After Vedantu, now used cars platform Cars24 asks 600 employees to go

Cars24 Services Ltd has asked 600 employees to leave, a person familiar with the development said, even as the used ......

Used car platform Spinny buys Guj-based Scouto

TMT

10 February, 2022

Used car platform Spinny buys Guj-based Scouto

Used car retailing platform Spinny on Thursday said it has acquired Ahmedabad-based artificial intelligence-powered connected car startup Scouto, for an undisclosed sum. Founded ......

Sachin Tendulkar invests in Tiger Global-backed used cars platform Spinny

Consumer

14 December, 2021

Sachin Tendulkar invests in Tiger Global-backed used cars platform Spinny

Former Indian cricketer Sachin Tendulkar has invested an undisclosed amount in pre-owned cars platform Spinny, the company said in a ......

Grapevine: Goldman invests in Ozone park; HDFC Capital Advisors may raise $1 bn

General

30 September, 2019

Grapevine: Goldman invests in Ozone park; HDFC Capital Advisors may raise $1 bn

Global institutional investor Goldman Sachs Group has invested around Rs 500 crore ($70.8 million at current exchange rate) in Chennai ......

Droom launches loan marketplace for used automobiles

TMT

13 April, 2017

Droom launches loan marketplace for used automobiles

Droom, an online platform for buying and selling used vehicles, has launched Droom Credit, a loan marketplace for pre-owned automobiles ......