Photo of used cars in India

Jaipur based CarDekho Receives Fresh Funding after Almost Two Years

GirnarSoft, parent company of online auto market place CarDekho, has scooped up $110 million (Rs 770 crore) from existing investors Sequoia Capital and others. The other investors who participated in this round included CapitalG (investment arm of Google), China’s Hillhouse Capital & new investor Axis Bank. Sequoia Capital & others pump $110 Mn in CarDekho The funding…

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Sequoia Capital Offloads 7% Stake in Byju’s to make Profitable Partial Exit: Report

Silicon Valley based Sequoia Capital seems to have made the best return from its Indian portfolio, after having reportedly sold the partial stake in the e-learning unicorn company Byju’s. According to Economic Times (ET), Sequoia Capital has offloaded 7% stake in the Bengaluru based e-learning company to incoming investors Naspers Ventures and General Atlantic (GA). ET…

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