Online automobile marketplace CarTrade raises ₹370 crore
Online automobile classifieds portal CarTrade on Wednesday announced that it has raised about ₹370 crore ($55 million) in a funding round led by Temasek Holdings and a US-based family office. Temasek, which is a government-owned investment firm from Singapore, had led a ₹950 crore funding round in CarTrade in January 2016. CarTrade also provides automobile reviews, on-road prices, and comparisons.