Thursday, August 19, 2021

Cars24 in talks to close $350-million funding round at $2-billion valuation

Cars24, an online marketplace for used cars, is in the final stages of closing a $300-350 million funding round led by existing investor DST Global with participation of new investors Falcon Edge, Carlyle and SoftBank Vision Fund.

from Auto-Industry-Economic Times https://ift.tt/2XA5EAh

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Brembo, Ningbo SAFE form India joint venture for motorcycle ABS systems

Italian brake maker Brembo and Ningbo SAFE Brakes Systems are joining forces in India. They will establish a joint venture to produce motorc...