India

Spinny, an Indian used car marketplace, fund raised $13.2M

24 May 2019

The company has said they will use these new funds to improve their current operations, update inventory, and grow the company to serve new markets.

Droom becomes one of the world's largest car dealer community

23 May 2019

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andeep Aggarwal, Founder and CEO, Droom, said, “We envision to continue extending our support to them and empower them just as effectively with Droom.”

Zoomcar is using IoT to focus on sustainable economic efforts

21 May 2019

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Sustainability and shared model for sustainable economic development serves as the chief vision for Zoomcar.

Cars24, the used car platform, ready to fund raise $80 million

21 May 2019

Michael Hunt

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Currently the platform has already fund raised around $100 million and is valued at around $500 million. Cars24 hasn't had much difficult finding new funds for the company or any trouble finding large companies to invest in them.

Renault teams with Paytm Mall platform to sell cars digitally in India

20 May 2019

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Customers can now simply log on to Paytm, whether from the website or smartphone devices, and pick their desired car.

Ola puts $60 million into their international operations

20 May 2019

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Ola’s decision to go international was prompted by the potential of clocking higher revenues with lesser burn in these developed markets compared to India.

HYPE, a luxury auto rental platform, prepares to raise $25-30 million

15 May 2019

Michael Hunt

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The company will be using the new funds to buy new car assets. The company's fleet provides luxury cars from manufacturers like Audi, BMW, Maserati, and Mercedes.

Delivery eBikes might help India in the future

15 May 2019

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From Mahindra and Ola’s EV-focused partnership to a slew of electric bike companies to startups coming to improve battery management and charging infrastructure.

Oxy Cabs to start offering free driver training and employment

10 May 2019

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Oxy Cabs has a business model to offer more jobs and bring their customers together in an increasingly online world throughout India by offering a single platform to reserve a cab.