India

MYNEWCAR recently raised $1 million in funds

12 December 2018

MYNEWCAR is currently operating in cities like Mumbai, Bengaluru, Pune and Delhi, NCR and aims to deepen and expand its business operations in other cities.

Boodmo fund raises nearly $1 million

11 December 2018

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Earlier in August this year, the startup had raised just under $700,000 worth of investment through FDI from an undisclosed investor.

Revv starts flexible ownership program for new cars

10 December 2018

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With OPEN, Revv wants to make cars more accessible by solving the pain-points that traditional car purchase entails.

CarDekho recently fund raised $100 million

07 December 2018

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The investment will be led by Sequoia Capital’s global growth fund, which is pegged at a massive corpus of $8 billion, according to three sources aware of the transaction.

Drivezy raises $20M to grow and add services

04 December 2018

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The round also saw participation from Yamaha Motor Company, Axan Partners and IT-Farm. With this, the total capital raised by Drivezy stands at about $31 million.

Motorbike-taxi platform Rapido hopes to have 1 million rides everyday

03 December 2018

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The ubiquity of motorbikes makes them seem like the obvious answer to India’s chronic problems of congested roads, limited public transport and poor last-mile connectivity.

OLX starts Cash My Car, a used car store

29 November 2018

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Olx said that 27 Cash My Car stores were already operational in Delhi NCR (including Noida, Gurgaon, Ghaziabad, and Faridabad) Bangalore, Mumbai, Hyderabad, Pune, Chennai.

Zoomcar appoints new creative agency and media agency

15 November 2018

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The agency appointments came after a two month long multi agency creative and media pitch that happened at Zoomcar's Bangalore office.

E-Trio is India’s 1st approved company to convert cars to electric

14 November 2018

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E-Trio has received ARAI approval for retrofitted car kits in Alto and Wagon R, which will allow the startup to convert these models of car into all-electric ones.

Zoomcar is paving the way for car subscriptions

12 November 2018

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Zoomcar, which already offers hassle-free personal cars in many cities like Delhi, Mumbai and Calcutta, will allow its customers here to subscribe to factory-fresh cars on payment of a refundable security deposit and a monthly subscription fee.