Seedfund Debuts With Investment In CarWale.com
contentsutra.com,
December,14 2006
Seedfund, the newly formed early-stage investment fund, has announced its first investment. It has taken close to a 30 per cent stake for an undisclosed sum in Automotive Exchange Pvt Ltd, the company behind CarWale.com. CarWale is an auto classifieds portal, and it also helps car buyers do research before they pick up their used or new car. CarWale is founded by Mohit Dubey.
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