Automobiles
Online used car retailer Carro posts record $464m revenue
Carro, Southeast Asia's largest online used car retailer, announced that it more than doubled its revenue and gross profit to...
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SG’s mobility startup Beam raises US$93 million in Series B
Singapore-based micro-mobility startup Beam has raised US$93 million in funding in its Series B round to fuel its growth into...
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Vietnamese smart mobility firm Selex Motors JSC raises $2m, to ramp up in-house vehicle production
Vietnamese smart mobility startup Selex Motors JSC announced raising $2.1 million in its seed funding round led by Touchstone Partners....
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India’s ride-hailing major Ola secures $139 million, valuation soars to $7.3 billion
Ola has secured US$139 million in Series J round led by Edelweiss PE. IIFL, ultra-high-net-worth individuals, family offices, and corporates...
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India-based Parking Solutions Platform Park+ raises US$25 million in Series B
India-based parking solutions platform Park+ has recently raised US$25 million in a Series B funding round that was co-led by...
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China’s auto-chip firm Black Sesame Technologies raises fresh funding from Xiaomi ascends to nearly $2 billion in valuation
China's auto-chip startup Black Sesame Technologies has recently announced that it has raised “hundreds of millions of dollars” from Xiaomi...
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GM, Harley-Davidson, and now Ford- Why are American automakers leaving India?
In a recent announcement, Ford said that it has accumulated operating losses of over $2 billion over the last ten...
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