India car site GoZoomo closes

28 Aug 2016

GoZoomo, which competed with CarTrade, CarDekho and QuikrCars in the online used-car business in India, is shutting down and returning remaining funds to investors., TechCircle reported. Based in Gurgaon, the site had raised close to $7 million so far, primarily from SAIF Partners. It was owned by Youngmonk Technologies Pvt. Ltd. CEO Arnav Kumar said the owners would get almost half of their investment back. He said…

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Radhika Sachdev

Radhika Sachdev is a journalist who has held senior editorial positions with major Indian newspaper banners. She has over 20 years of experience in the profession, covering Advertising, Marketing, Media, Education, HR, Real Estate and Environment beats. She is also a partner and chief content developer for Write Solutions, a boutique content house she founded eight years ago, signifying her diversification from journalism to copywriting and media consultancy.