Carlo.in is focused on creating the largest team of portfolio managers in the automobile sector in India by not only providing the online buying and selling experience of either an used car or a new car.
The investment was led by the KCK Group, a US-based family investment firm, with participation from existing investor Blumberg Capital, an early-stage venture capital firm headquartered in San Francisco in the US.
ZAP Subscribe is the flagship fractional sharing program of Zoomcar where one can subscribe a car for 6, 12 or 24 months and technically have the flexibility of having a new car whenever they want, a Zoomcar release said.
Post acquisition, CarDekho plans to come up with the best in class video contentas a visual treat and decision enabler for all stakeholders. PowerDrift believes that acquisition enables them to create more exciting content and also offers great value to their viewers.