CarWale Draws Venture Capital funding of up to $7 Million from Sierra Ventures - Kindly carry
Blogspot,
November,05 2008
CarWale.com, India's leading automotive Internet portal, today announced the successful completion of a Series A round of financing.
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Auto Classifieds Portal Carwale Raises Upto $7 M From Sierra Ventures
VC Circle,
November,05 2008
Carwale had raised money from Seedfund in 2006, and Sierra Ventures is one of limited partners in Seedfund.
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CarWale draws venture capital funding from Sierra Ventures
The Economic Times,
November,05 2008
CarWale.com, an automotive Internet portal on Wednesday announced receiving $ 7 million of funding from
a venture capital company Sierra Ventures.
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"The onus is on us to revolutionise the way car transactions happen in India"
Automotive product finder,
August,01 2008
The vision at CarWale.com is to become India's most influential and authoritative source of automotive...
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Mr. Ashok Kumar De, VP Finance Carwale.com
Lokmat Times,
July,26 2008
Mr. Ashok Kumar De has been appointed as VP Finance, CarWale.com India's Leading automotive portal for Car consumers
to buy, sell and manage cars.
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Auto portals yet to make it big in India
Financial Chronicle,
July,14 2008
"Two years ago, we used to record 7,000 online enquiries a day. The figure has moved up to 50,000 a day." Mohit Dubey
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Carwale Raises Round II?
Startup Central,
July,14 2008
Seedfund-backed auto classifieds portal CarWale is believed to have closed its second round of venture funding.
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Auto portals yet to make it big in India
My Digital FC,
July,13 2008
India needs catching up to do with regard to online buying and selling of cars. However, when it comes to online research on buying or selling, India is reasonably better placed than most other developing nations.
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The market for second hand goods
Dare.co.in,
July,06 2008
Mohit Dubey, CEO of CarWale.com, a consumer portal in the automotive space, also comments on the secondhand car industry in India.
"Worldwide,the ratio of new cars to old cars is one to four. In India, however, it is still at one; with majority of the sales coming from
the small car market
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Entrepreneurial woes
Live Mint,
June,16 2008
The second Mumbai edition of Startup Saturday had two start-up founders making candid confessions about the hard part of being an entrepreneur. Hosted in the Kohinoor Hall on a rather rainy Saturday afternoon, it saw about 25 attendees, far fewer than the 60 registered on the wiki page.
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