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2 mins read
Rupee rises 8 paise to 83.44 against US dollar in early trade
At the interbank foreign exchange market, the local unit opened at 83.49 against the greenback.…
PTI
1 min read
Cars24 raises nearly half a billion dollars, doubles it valuation to $1.84 billion
CARS24, India's leading e-commerce platform for pre-owned vehicles, has closed a $450 million round…
16 mins read
The risky allure of WiFi Money: private jets, sports cars, and ruined investors
A motley crew of Instagram-obsessed, hustle-culture influencers made millions. In their wake, they …
Rob Price
1 min read
CARS24 now says will hire over 500 after layoffs
After slashing around 600 jobs last year, pre-owned vehicle platform CARS24 on Friday said it will …
3 mins read
Investors chose the SIP route to invest in 2023 with a strong inclination towards index funds
In 2023, a strong influx of investments from domestic mutual funds, a revival in foreign acquisitio…
3 mins read
Retail auto sales grow by 13% in February, but elevated inventory levels a concern
The Indian auto industry reported a 13% growth in sales in February 2024, with all the segments rep…
1 min read
Spinny is the latest used car platform to join Cars24, Droom and CarDekho in unicorn club
The company said the raised capital would be utilised to bolster the customer experience, streng…
2 mins read
Cars24 is India’s latest unicorn as it raises $200 million from DST Global and existing investors
Indian marketplace for second-hand vehicles Cars24 has raised $200 million in a Series E round led …
2 mins read
CARS24's top brass including its global CTO and business head quit
Pre-owned e-commerce platform CARS24 on Monday saw some high-profile exits, including its global CT…
6 mins read
Loss-making Cars24 is worth more than a profitable CarTrade — here’s why
Gurugram-based used cars marketplace Cars24 became a unicorn last year and raised some more money n…
1 min read
After Unacademy and Vedantu, Cars24 is the latest unicorn to lay off 600 employees
Calling it "business as usual", the company which has nearly 9,000-strong workforce, and is in the …
1 min read
India's foreign exchange reserves fall to $584.24 billion
India's foreign exchange reserves fell by $2.164 billion to $584.248 billion for the week ending Ap…
2 mins read
Automobile marketplace Droom is raising $200 million in a pre-IPO round at unicorn valuation
Online automobile marketplace Droom has got the wheels rolling for its initial public offering (IPO…
1 min read
As well as 24-hour robotaxis, San Francisco now has a driverless bus service too
The Beep EV bus will run on a loop on Treasure Island and can carry 10 passengers. It doesn't have …
Polly Thompson
4 mins read
India’s rich to shell out more for luxury cars, global travel but may have more to invest
The Union Budget 2023-24 is being hailed as the common man’s budget, but at the same time many …
5 mins read
Marine vet Daniel Penny defense fund nears $3M in Jordan Neely chokehold death as DA tips hand on evidence
Donations and evidence mount for a Marine vet charged with killing subway busker Jordan Neely. The …
Laura Italiano
3 mins read
Los Angeles is defined by its deep-rooted car culture. Could the recent I-10 freeway fire make Angelenos rethink that relationship?
While it's too early to know if public transit ridership will be up in November, a reimagined visio…
John L. Dorman
2 mins read
Wellness startup dealing with male menopause raises ₹5.5 crore in pre-seed funding
Wellness startup dealing with male menopause raises ₹5.5 crore in pre-seed funding
3 mins read
May is the first month of 2022 when startups raised less than $2 billion
In the middle of a heatwave in May is when the funding winter kicked off this year. May is the firs…
2 mins read
Tesla demands viral video of its cars hitting child-sized mannequins gets taken down. Tech CEO who funded it refuses, calls Musk a 'crybaby.'
"I dare you to come out and defend this technology," Dan O'Dowd said in response to Tesla's cease a…