| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Apr 9, 2026 | Bay Capital hires former Naspers, Delhivery execs for new late-stage fund | Tej Kapoor and Sandeep Barasia
Mumbai-based investment firm Bay Capital Partners has appointed partners for its newly launched Digital Opportunities Fund, which will invest in late-stage digital and technology firms in India.
The fund marks... |
| Feb 14, 2026 | Fidelity, Accel lead $160â170 million investment round in Spinny | Synopsis
Spinny has secured 160â170 million in a funding round led by US-based investors Fidelity and Accel Leaders Fund. The deal includes 90 million of primary capital, while Blume Ventures and Fundamentum sold shares, with other existi... |
| Apr 1, 2025 | India's used-car retailer Spinny raises $131m to scale NBFC business | India’s used-car retailing platform Spinny has raised $131 million in a fresh funding round led by US-based Accel Leaders Fund, as it looks to scale its newly launched non-banking financial company (NBFC) business.
The round also saw partic... |
| Dec 4, 2024 | CarTrade Tech platforms hit 150 million unique users’ milestone | CarTrade Tech announced today that its digital platforms CarWale, BikeWale, and OLX India have each crossed 150 million yearly unique users, with over 90 per cent of traffic generated organically.
The shares of CarTrade Tech Limited were tr... |
| Dec 1, 2024 | New-Age Tech Stocks Gain As Broader Market Rises, Ola Electric Top Gainer This Week | SUMMARY
Twenty four of the 30 new-age tech stocks under Inc42's watch gained in a range of 0.12% to a little over 26% this week
While Ola Electric emerged as the biggest gainer, Paytm, Zaggle, CarTrade, Swiggy touched fresh 52-week highs du... |
| Nov 19, 2024 | CarTrade Shares Rally 13% To Hit Fresh 52-Week High At INR 1,336.40 | SUMMARY
Shares of CarTrade rallied more than 13% to reach a fresh 52-week high at INR 1,336.40 apiece during the intraday trading on the BSE
The stock has been on an upward curve since the company reported a 509% jump in its consolidated ne... |
| Oct 29, 2024 | CarTrade’s Shares Rally 52 Week High Post Q2 Results | SUMMARY
CarTrade Tech stock surged to a 52-week high of INR 1,090.05 during intraday trading today (October 29).
By the end of the day, the stock settled at INR 1,052.80 per share, reflecting a gain of 0.90%.
Approximately 29,495 shares of ... |
| Oct 28, 2024 | CarTrade’s Net Profit Jumps 509% To INR 30.72 Cr In Q2 | SUMMARY
Revenue from operations rose 28.4% to INR 154.20 Cr in Q2 FY25 from INR 120 Cr in the corresponding quarter last year
Notably, this is a 9.2% quarterly increase in operating revenue from INR 141.17 reported in Q1 FY25
CarTrade saw i... |
| Oct 4, 2024 | Goldman Sachs Ups Stake In CarTrade To 7.19% | SUMMARY
Goldman Sachs, along with its associated entities, acquired an additional 9.78 Lakh shares of CarTrade via open market transactions
This comes a week after private equity (PE) firm Warburg Pincus exited CarTrade by offloading over 4... |
| Sep 25, 2024 | Warburg Pincus Exits CarTrade, Sells 8.6% Stake For INR 375 Cr | SUMMARY
Warburg Pincus’ subsidiary Highdell Investment sold more than 40.76 Lakh shares of CarTrade at INR 920.3 apiece and exited the company
Mirae Asset Mutual Fund lapped up 30.22 Lakh shares at INR 920 per share, translating into a cumu... |
| Sep 25, 2024 | Warburg Pincus exits India's CarTrade Tech in $45m share sale | U.S.-based private equity firm Warburg Pincus’s unit sold its entire 8.6% stake in Indian automobile portal CarTrade Tech on Tuesday through a bulk deal worth 3.75 billion rupees ($44.86 million), according to NSE data. |
| Sep 24, 2024 | Warburg Pincus exits India's CarTrade Tech in $45 mln share sale | Asian MarketsWarburg Pincus exits India's CarTrade Tech in $45 mln share sale
By ReutersSeptember 24, 20243:47 PM UTCUpdated ago
Text
Small Text
Medium Text
Large Text
Share
X
Facebook
Linkedin
Email
Link
A logo of the NSE (National Stock E... |
| Sep 18, 2024 | Empowering Change: The Rise of Women Entrepreneurs and AI in Healthcare | In the bustling world of entrepreneurship, women are breaking barriers and redefining success. Somdutta Singh, a name that resonates in the e-commerce sector, recently earned the title of Woman Entrepreneur of the Year at the Entrepreneur 2... |
| Sep 17, 2024 | Somdutta Singh Named Woman Entrepreneur of the Year - E-commerce at Entrepreneur 2024 Awards | New Delhi, Delhi, India
Somdutta Singh, serial entrepreneur, founder and CEO of Assiduus, has been honored with the title of Woman Entrepreneur of the Year - E-commerce at the prestigious Entrepreneur 2024 Awards. This accolade, presented b... |
| Jul 8, 2024 | CarTrade Expands ESOP Pool With Allotment Of 28K Stock Options | SUMMARY
CarTrade has allotted the shares to the eligible employees pursuant to the exercise of vested options under ESOP 2014 and ESOP 2015.
While 26,000 shares have been allotted under ESOP 2014, the remaining 2,000 shares have been allott... |
| Jun 9, 2024 | New-Age Tech Stocks Rally In Volatile Election Result Week, Nazara Emerges Top Gainer | SUMMARY
After a slump on the vote counting day on Tuesday (June 4), 17 out of the 23 new-age stocks under Inc42’s coverage gained this week in a range of 0.3% to over 15%
Shares of PB Fintech, EaseMyTrip, and Yatra declined marginally this ... |
| May 16, 2024 | Murugappa Group's Montra Electric Unveils E-SCV
Murugappa Group eyes the small commercial vehicle segment.
World Cement Association Founder Director to be star speaker at Indian Cement Review Conference 2023 at 14th Cement EXPO, Delhi
CarTrade partners with Chola to finance used vehicles purchas ... | ECONOMY & POLICY Murugappa Group's Montra Electric Unveils E-SCV
16 May 2024 2 Min Read CW Team
Murugappa Group, a stalwart in the Indian industrial landscape, is set to revolutionize the electric commercial vehicle (EV) market with its... |
| May 12, 2024 | New-Age Tech Stocks Slump In Line With The Broader Market, CarTrade Biggest Gainer This Week | SUMMARY
Seventeen out of the 20 new-age tech stocks under Inc42’s coverage fell this week in a range of 0.8% to 9% on the BSE, with MapmyIndia emerging as the biggest loser
CarTrade emerged as the top gainer as its shares jumped 24.5% on th... |
| May 8, 2024 | CarTrade at 28-month high; rallies 30% in 1-week as Goldman Sachs ups stake | |
| Apr 27, 2024 | CarTrade Expands ESOP Pool With Additional 3.04 Lakh Stock Options | SUMMARY
The company’s board approved the allotment for eligible employees under three separate programmes namely ESOP 2011, ESOP 2014 and ESOP 2015
With this, the auto marketplace’s paid-up share capital has now increased to INR 47.19 Cr fr... |
| Mar 18, 2024 | 'Correction cleared some smallcap froth, but largecaps still better placed' | While the risk/reward remains favourable in the largecap space, investors with a high-risk appetite and under-allocation to smallcaps may consider increasing exposure to companies that have experienced stock price corrections, says HARISH K... |
| Mar 15, 2024 | Enough safeguards in place for domestic industry in EV space: R C Bhargava | The government has ensured adequate protection for the domestic automobile industry in the new electric vehicle policy that provides duty concessions to global players setting up manufacturing units in India, says Maruti Suzuki India’s Chai... |
| Mar 15, 2024 | Expansion, AI campus, green hydrogen plans on cards for Linde in India: CEO | Linde plc is bullish on India’s growth story and has investment plans of $1 billion for three to five years. Sanjiv Lamba, Chief Executive Officer, Linde talks to Amritha Pillay about the global chemical company's blueprint for India, which... |
| Jul 7, 2023 | Fuel price LATEST: How much it costs to fill up SA’s best-selling bakkie | The first fuel price increase is coming: Here are some tips to help. Photo by Unsplash
The latest July 2023 fuel price changes took effect from midnight on Tuesday, 4 July. Motorists with petrol-powered cars breathed a sigh of relief as the... |
| Feb 25, 2023 | Autotech firm CarTrade launches Rs 750Cr venture fund to invest & acquire companies | Advertisment
Recruitment startup GetWork raises Rs 7Cr in funding from Artha Ventures Fund & Samarthya
Follow IndianStartupNews on Facebook, Instagram, Twitter for the latest updates from the startup ecosystem.
#Autotech #Investment ... |
| Feb 24, 2023 | CarTrade Unveils Venture Arm, Eyes INR 750 Cr Investment To Fuel Acquisitions | CarTrade claims to have raised the INR 750 Cr capital through profits and funds available with the startup
The investments will help CarTrade enter new markets and deploy new technologies for existing customers
CarTrade Tech had announced a... |
| Apr 23, 2022 | Kia’s 1st Ever Electric Car Can Cost Rs 60 Lakh: 10 Units Coming To India, Bookings Open From This Date | Kia’s 1st Ever Electric Car Can Cost Rs 60 Lakh! 10 Units Coming To India, Bookings Open From This Date
Kia is bringing its first EV in India, the EV6.
Contents
1 Looks
2 Platform
3 Interiors, Increased Leg Room
4 Charging Capabilities
5 58... |
| Aug 9, 2021 | CarTrade Raises INR 900 Cr From Anchor Investors, As IPO Subscription Kicks Off | Online auto classified platform CarTrade Tech will launch its initial share sale today after it raised INR 899.5 Cr from anchor investors last week, according to a statement on the exchanges.
“… under Anchor Investors (AIs) portion in the P... |
| Aug 7, 2021 | CarTrade Tech raises ₹900 crore from anchor investors | The firm has fixed the price band at ₹1,585-1,618 per share for its IPO which opens for subscription on Monday
CarTrade Tech has raised ₹900 crore from anchor investors ahead of its initial public offering, which opens on Monday. The compan... |
| Aug 7, 2021 | CarTrade raises ₹900 crore from anchor investors ahead of its IPO, issue opens on Monday | Online auto classified platform CarTrade Tech on Friday said it has raised Rs 900 crore from anchor investors ahead of its initial public offering, which opens on Monday. The company has decided to allocate 55,59,664 equity shares to anchor... |
| Jul 27, 2021 | SEBI Approves CarTrade’s INR 2,000 Cr IPO | Automobile marketplace CarTrade on Monday received an approval from SEBI to raise INR 2,000 Cr through public offerings. The company in May this year filed its DRHP, a mandatory step required for a company to go for public listings, with SE... |
| Jul 15, 2021 | Not an IPO Review: CarTrade Tech Ltd. | Indian second-hand automobiles marketplace – CarTrade Tech Ltd had released the draft red herring prospectus for its initial public offering (IPO) with SEBI in May. It plans to raise around Rs 2,000 crores. The company had hit near unicorn ... |
| May 17, 2021 | How CarTrade’s IPO Will Change The Shareholding Structure In The Company | Mumbai-based online auto classifieds startup CarTrade filed its Draft Red Herring Prospectus (DRHP) with the Indian market regulator Securities and Exchange Board of India (SEBI) last week, for its INR 2K Cr initial public offering (IPO). A... |
| May 17, 2021 | CarTrade Files Prospectus For INR 2K Cr IPO; Reports INR 85 Cr Profit In FY21 | Automobile marketplace CarTrade has filed its Draft Red Herring Prospectus (DRHP) with Indian markets regulator Securities and Exchange Board of India in preparation for its upcoming initial public offering (IPO).
With the public offering, ... |
| May 17, 2021 | Auto classifieds platform CarTrade files DRHP for Rs 2,000 crore IPO | Binu Paul 17 May, 2021
Mumbai based automobile classifieds platform CarTrade has submitted a draft prospectus with the capital markets regulator to raise about Rs 2,000 crore through an initial public offering (IPO).
The offer constitutes 2... |
| May 5, 2021 | CarTrade to raise Rs 2,000 cr through IPO | ECONOMY & POLICY CarTrade to raise Rs 2,000 cr through IPO
05 May 2021 CW Team
Online auto portal CarTrade is set to raise Rs 2,000 crore through an initial public offering (IPO) as technology companies line up to float their IPOs.
Afte... |
| Jun 4, 2020 | Automobile classifieds platform CarTrade raises $42.5 mn from returning investors | Binu Paul 4 Jun, 2020
MXC Solutions India, the parent entity of automobile classifieds portal CarTrade, is set to raise Rs 321 crore ($42.5 million at current exchange rates) in a growth funding round from Singapore state investor Temasek H... |
| Jun 3, 2020 | CarTrade valuation surges by 35% to $525 Mn in Series H round | Used car segment has been witnessing back to back deals since the beginning of this year. After Spinny and CarDekho, CarTrade is set to raise Rs 321.6 crore in a Series H round from existing investors Temasek, Warburg Pincus and March Capit... |
| Feb 10, 2017 | Term Sheet — Friday, February 10 | ET CETERA
Deal: Podium, an enterprise software startup, is working with investment bank Houlihan Lokey to raise a large new round of funding, Term Sheet has learned. The company seeks around $20 million to $25 million at a pre-money valuati... |
| Feb 8, 2017 | India: Auto classifieds platform CarTrade raises $55m round led by Temasek | Premium
MXC Solutions India Pvt. Ltd – which operates online automobile classifieds platform CarTrade – has raised $55 million in its Series G round of funding led by Singapore-based investor Temasek.
Continue reading this story with a subs... |
| Feb 8, 2017 | Indian vehicle listing service CarTrade raises $55M led by Temasek | Singapore sovereign wealth fund Temasek has led a $55 million investment in India’s CarTrade, a listings site for selling automobiles in the country.
CarTrade didn’t confirm the identity of other investors that partook in the round, other t... |
| Jun 2, 2016 | Indian used car platform Droom gets Series B to enter Southeast Asian markets | Droom, one of several startups taking advantage of India’s booming secondhand vehicle market, is planning to enter new countries after raising a Series B from Beenext and Digital Garage. The company hasn’t disclosed the amount of the round,... |
| Mar 21, 2016 | Google Capital invests in Girnar Software, owner of Indian auto portal CarDekho.com | Girnar Software, which runs several auto portals in India including CarDekho.com, has raised an undisclosed amount of new funding from Google Capital, with participation from returning investor Hillhouse Capital.
This is the fourth Indian s... |
| Jan 15, 2016 | Grindr sells 60 percent stake for $93 million; SkyScanner raises $192 million; CarTrade raises $145 million | It’s been a busy week across the global startup landscape, with a number of companies raising capital. Scottish travel platform SkyScanner has raised $192 million and become one of the latest startups to achieve unicorn status in the proces... |
| Jan 14, 2016 | CarTrade Raises $145M in Funding | CarTrade, an Indian online auto classifieds platform, raised Rs 950 crores (approx. $145m) in funding.
The round was led by Temasek, an investment company based in Singapore, and March Capital a global venture investment firm, with particip... |
| Jan 14, 2016 | CarTrade raises Rs950 crore investment from Temasek and others | The company that was founded in 2009 by Vinay Sanghi is looking to use the funds to expand its offerings for users and dealers.
CarTrade raises Rs950 crore investment from Temasek and others 1 min read . Updated: 14 Jan 2016, 03:11 AM IST A... |
| Jan 13, 2016 | CarTrade Gets $145M To Ride India’s Flourishing Used Vehicle Market | CarTrade, a classified site for car dealers in India, has scored an impressive $145 million in new funding to fuel new acquisitions and expand its products. The round was led by Singapore-based investment firm Temasek and March Capital, wit... |
| Sep 22, 2015 | Top 10 Advanced Car Technologies by 2020 | When Henry Ford introduced the world to his Model A, it was the ultimate in technology. Wouldn’t he be amazed by the rate in which automotive technology has evolved, especially in the past 20 years? Technology is available now that we would... |
| Oct 28, 2014 | CarTrade.com raises $30M from Warburg Pincus, Canaan & Tiger Global | Mumbai-based CarTrade.com, an online auto classifieds platform owned and operated by MXC Solutions Pvt Ltd, has raised Rs 185 crore ($30.2 million) in funding led by private equity firm Warburg Pincus, with participation from existing inves... |
| Oct 13, 2014 | CarTrade raises Rs 185 cr from Warburg Pincus, existing investors | Leading online auto classifieds platform CarTrade.com has raised Rs 185 crore in private equity from Warburg Pincus and existing investors - Canaan Partners and Tiger Global. The fund will be utilised to diversify and strengthen CarTrade’s ... |
| CarTrade Raises INR 900 Cr From Anchor Investors, As IPO Subscription Kicks Off | Online auto classified platform CarTrade Tech will launch its initial share sale today after it raised INR 899.5 Cr from anchor investors last week, according to a statement on the exchanges.
“… under Anchor Investors (AIs) portion in the P... |
| Funding Galore: Startup Fundings Of The Week [6 February – 11 February] | Ratan Tata, the Chairman Emeritus of Tata Sons has announced his intentions to invest again in Indian startups. With the Tata Sons vs Cyrus Mistry clash, he was forced to join the group as interim Chairman, thereby pulling him off the start... |
| [What The Financials] CarTrade’s Auction Biz Records 51% Higher Profits In FY20 With 22% Revenue Growth | Infocus What The Financials
Inc42 unveils and deciphers all the important financial metrics of Indian startups across industries. Find out revenues, unit economics, profit & loss and all the important financial metrics to judge how the ... |
| Funding Galore: A Look At Startups That Raised Funding This Week | The week saw number of funding activities in the Indian startup ecosystem. Apart from startups, LightBox Ventures raised its second fund at INR 600 Cr to back early-stage startups in India with a focus on consumer technology ventures.
Have ... |
| CarTrade Sets INR 1,618 As Upper Price Band; IPO Opens On August 9 | Mumbai-based automobiles marketplace CarTrade Tech, which is heading for an initial public offering later this month, has announced a price band of INR 1,585 – INR 1,618 per equity share. The IPO opens for subscription on Monday, August 9, ... |
| Why “Pre-Owned Goods Marketplace For Vehicles” Has Started Witnessing Launch Of More Startups Topped With Investor Interests? | Buying used vehicles and other products is no more a reason to be looked down upon. With the advent of various online portals for used vehicles, electronic gadgets, the sector has started witnessing large amount of customer attraction.
The ... |
| Exclusive: CarTrade Is Raising INR 321.7 Cr In Series H Round | Update: July 1, 2020
As per the company filings, it has now secured INR 160 Cr in the bank from Highdell, MacRitchie and MCP3 SPV.
Mumbai-based online auto classifieds platform CarTrade is shoring up cash from investors to mitigate some of ... |
| CarTrade Converts Into A Public Company Ahead Of IPO | Mumbai based online auto classifieds startup CarTrade.com has converted itself from a private limited company to a public company, ahead of its planned initial public offering (IPO) scheduled for this year. The company’s registered name is ... |
| CarTrade Sets INR 1,618 As Upper Price Band; IPO Opens On August 9 | Mumbai-based automobiles marketplace CarTrade Tech, which is heading for an initial public offering later this month, has announced an price band of INR 1,585 – INR 1,618 per equity share. The IPO opens for subscription on Monday, August 9,... |
| 2016 In Review: Top 10 Most Funded Startups Of The Year | 2016 has been heralded as the year startups stopped paying attention to inflated valuation and started paying attention to sustainable business models. Course correction and managing expectations were the watchwords as January slid into Jun... |
| How CarTrade’s IPO Will Change The Shareholding Structure In The Company | Mumbai-based online auto classifieds startup CarTrade filed its Draft Red Herring Prospectus (DRHP) with the Indian market regulator Securities and Exchange Board of India (SEBI) last week, for its INR 2K Cr initial public offering (IPO). A... |
| CarTrade Files Prospectus For INR 2K Cr IPO; Reports INR 85 Cr Profit In FY21 | Automobile marketplace CarTrade has filed its Draft Red Herring Prospectus (DRHP) with Indian markets regulator Securities and Exchange Board of India in preparation for its upcoming initial public offering (IPO).
With the public offering, ... |
| SEBI Approves CarTrade’s INR 2,000 Cr IPO | Automobile marketplace CarTrade on Monday received an approval from SEBI to raise INR 2,000 Cr through public offerings. The company in May this year filed its DRHP, a mandatory step required for a company to go for public listings, with SE... |
| CarTrade.com Raises INR 185 Cr. From Warburg Pincus & Its existing investors | Mumbai based online auto classifieds startup CarTrade.com has raised over INR 185 Cr. in funding led by an affiliate of Warburg Pincus, a leading global private equity firm focused on growth investing, with its existing investors Canaan Par... |
