by Prabhu | May 27, 2020 | Automotive
CarDekho is the latest Indian company to downsize following an economic downturn caused by the Covid-19 outbreak. The used cars marketplace has laid off at least 200 of its 5,000 employees and reduced salaries for the rest of its staff, according to information...
by Prabhu | Apr 13, 2020 | Marketplaces
Prosus, the global internet assets division of Naspers, has committed ₹1 billion ($13.2 billion U.S.) to the Indian government’s response to the Covid-19 crisis. This content is part of our business intelligence service. Please click the button below to learn more....
by Prabhu | Apr 13, 2020 | Marketplaces, Financials / Deals
Prosus, the global internet assets division of Naspers, has committed 1 billion rupees ($13.2 million U.S.) to the Indian government response to the Covid-19 crisis. The donation will be made to the Prime Minister’s Citizen Assistance and Relief in Emergency...
by Prabhu | Mar 15, 2020 | Automotive
Automotive marketplace CarTrade will apply for a non-banking finance company (NBFC) license. The company has earmarked $50-60 million U.S. (₹400–450 crores) for the project. This content is part of our business intelligence service. Please click the button below to...
by Prabhu | Mar 3, 2020 | Automotive, Financials / Deals
Used car marketplace Spinny has secured $43.7 million U.S. (INR 315 crores) in a Series B funding round led by Indian venture captial firm Fundamentum. The latest round brings the company's valuation to $150 million, according to TechCrunch. This content is part of...
