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Autotech firm CarTrade in talks to acquire GoMechanic

Latest / Startup / Technology

Autotech firm CarTrade in talks to acquire GoMechanic

March 11, 2023March 13, 2023 - by Amit Yadav - Leave a Comment

Car servicing startup GoMechanic, which has been searching for buyers over the past few weeks after admitting financial misreporting, has reportedly found CarTrade as its buyer. According to a MorningContext …

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Autotech firm CarTrade launches Rs 750Cr venture fund to invest & acquire companies

Latest / Startup / Technology

Autotech firm CarTrade launches Rs 750Cr venture fund to invest & acquire companies

February 25, 2023February 27, 2023 - by Amit Yadav - Leave a Comment

Autotech firm CarTrade has announced the launch of CarTrade Ventures with the aim to invest up to Rs 750 crore in the next five to seven years. The company plans …

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CarDekho’s scale nears Rs 1,600 Cr in FY22, used cars form 50% income

Latest / Startup / Technology

CarDekho’s scale nears Rs 1,600 Cr in FY22, used cars form 50% income

January 5, 2023January 9, 2023 - by Amit Yadav - Leave a Comment

New and used car buying platform CarDekho has managed to grow its scale at a decent pace and crossed Rs 1,600 crore in revenue during FY22. Like most startups in …

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Autotech startup CarDekho’s FY22 loss narrows; targets 2024 profitability

Latest / Startup / Technology

Autotech startup CarDekho’s FY22 loss narrows; targets 2024 profitability

January 2, 2023January 3, 2023 - by Amit Yadav - Leave a Comment

Homegrown Autotech startup CarDekho today announced results for the financial year 2021-2022. The company said it registered an 81% growth in consolidated revenue from operations, increasing to Rs 1,598 crore …

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