CARS24 Services Pvt. Ltd. is an online automotive marketplace based in Gurugram, India, that specializes in buying and selling used cars. Founded in 2015, the company aims to transform the used car market by offering a tech-enabled platform that ensures a secure and efficient selling process for car owners. Utilizing an AI-driven pricing algorithm, CARS24 provides accurate market valuations and facilitates vehicle inspections through scheduled appointments. Additionally, the company operates a financial services division that offers vehicle lending products to customers. CARS24 is supported by notable investors, including Exor Seeds and Moore Strategic Ventures, and operates as a subsidiary of Global Car Group.
Frubana S.A.S. is a Bogotá-based B2B platform established in 2018 that specializes in providing fruits, vegetables, and other agricultural products to restaurants and small retailers in Latin America. By eliminating intermediaries in the food supply chain, Frubana enhances price transparency and reduces barriers to trade, allowing restaurants to source ingredients directly from producers. The company operates an online store that facilitates logistics and builds trust within the marketplace, ensuring that clients have access to quality food products efficiently.
CARS24 Services Pvt. Ltd. is an online automotive marketplace based in Gurugram, India, that specializes in buying and selling used cars. Founded in 2015, the company aims to transform the used car market by offering a tech-enabled platform that ensures a secure and efficient selling process for car owners. Utilizing an AI-driven pricing algorithm, CARS24 provides accurate market valuations and facilitates vehicle inspections through scheduled appointments. Additionally, the company operates a financial services division that offers vehicle lending products to customers. CARS24 is supported by notable investors, including Exor Seeds and Moore Strategic Ventures, and operates as a subsidiary of Global Car Group.
CARS24 Services Pvt. Ltd. is an online automotive marketplace based in Gurugram, India, that specializes in buying and selling used cars. Founded in 2015, the company aims to transform the used car market by offering a tech-enabled platform that ensures a secure and efficient selling process for car owners. Utilizing an AI-driven pricing algorithm, CARS24 provides accurate market valuations and facilitates vehicle inspections through scheduled appointments. Additionally, the company operates a financial services division that offers vehicle lending products to customers. CARS24 is supported by notable investors, including Exor Seeds and Moore Strategic Ventures, and operates as a subsidiary of Global Car Group.
Cider is a direct-to-consumer (DTC) e-commerce platform focusing on overseas markets. Its innovative approach to building community, reducing inventory waste, and shipping anywhere has made it a new favorite for a generation of digitally native consumers. By integrating a pre-order option and educating the customer on the possibility of a zero-inventory future, Cider’s retail model is actively reducing the waste that often accompanies accessible fashion — without having to sacrifice affordability. It was founded in 2020 and is based in Hong Kong.
Carrots Market is a second-hand direct app for residents near you.
DealShare is a social commerce startup that caters to the middle and lower-income populations in mid-tier cities. It operates an online buying platform designed to facilitate the purchase of a wide range of consumer products. The platform features a diverse product catalog, including fruits, vegetables, grocery items, fashion accessories, and home decor. Users can buy and share deals with friends, allowing them to access products at prices lower than wholesale. By simplifying the buying process, DealShare enables customers to make purchases with just a few clicks, enhancing convenience and affordability in their shopping experience.
Faire Wholesale, Inc. operates an online marketplace that connects independent retailers with manufacturers, facilitating the purchase of unique wholesale merchandise. Founded in 2016 and headquartered in San Francisco, California, with an additional office in Kitchener, Canada, Faire streamlines the wholesale process by offering a platform where retailers can browse items, place orders, and track shipments. The marketplace employs artificial intelligence and predictive analytics to help retailers manage inventory effectively and reduce risks associated with unsold products. Faire provides features such as net 60 payment terms and free returns, which support local retailers and independent brands in competing with larger retail chains and e-commerce platforms. The company aims to empower small business owners by delivering technological solutions, data insights, and logistical support to enhance the future of local retail.
Cider is a direct-to-consumer (DTC) e-commerce platform focusing on overseas markets. Its innovative approach to building community, reducing inventory waste, and shipping anywhere has made it a new favorite for a generation of digitally native consumers. By integrating a pre-order option and educating the customer on the possibility of a zero-inventory future, Cider’s retail model is actively reducing the waste that often accompanies accessible fashion — without having to sacrifice affordability. It was founded in 2020 and is based in Hong Kong.
Dingdong Maicai is a rapidly growing online retail platform based in Shanghai, China, specializing in the sale of fresh produce and daily necessities. Founded in 2014, the company leverages a big data-driven approach to optimize its operations and improve customer experience. By utilizing self-developed data models and historical sales data, Dingdong Maicai predicts future orders, which helps reduce waste and ensure product availability. The platform offers a wide range of products, including fresh vegetables, seafood, meat, fruits, and organic items. Customers can conveniently shop through the Dingdong Fresh app and mini-programs, which facilitate direct delivery to households. The company generates revenue primarily through the sale of these fresh groceries and membership services, establishing itself as a key player in the community-based e-commerce sector in China.
Private Equity Round in 2021
Nice Tuan is an e-commerce platform that specializes in providing daily groceries and a variety of household products. The company collaborates with local residential communities to source items from nearby warehouses and producers, ensuring a wide selection of fresh produce and essential goods for residents. By focusing on creating a convenient and efficient community e-commerce ecosystem, Nice Tuan aims to enhance the shopping experience for local consumers while supporting local suppliers.
Blockchain.com operates a comprehensive platform that enables users to buy, hold, and utilize cryptocurrencies, aiming to create an accessible financial system for the internet. With over 50 million users, it offers a straightforward method for engaging with digital currencies, including features for trading, sending, receiving, securing, and borrowing them. The platform also includes a widely used explorer for tracking crypto market activities and an exchange that facilitates fast trading experiences. Additionally, Blockchain Ventures, supported by Blockchain.com, invests in distributed ledger technology (DLT) projects that foster societal benefits and advance the industry, promoting innovative applications of DLT beyond financial services. Overall, Blockchain.com seeks to revolutionize the financial landscape by enabling quick transactions without intermediaries and providing essential tools for real-time market insights.
Udaan is a B2B trade platform that brings manufacturers, traders, retailers, and wholesalers into a single platform. The platform is about making business easy in India, about making B2B commerce convenient and efficient. They believe B2B is the new B2C in India. It connects retailers with wholesalers and traders who sell more than 15 lakh products ranging across categories from electronics and apparel to grocery and fresh produce. Udaan chat feature allows you to have a personal and secure conversation in real-time, in a language of your choice. It enables a direct connection between buyers & sellers which allows one-on-one discussions to negotiate terms of trade between transacting parties. India has 50m+ SMBs, who form the core of the Indian economy and society. They are the entrepreneurial pulse of India. They believe the internet is a great equalizing platform. They want to bring their energies together in bringing the power of the Internet to these millions of entrepreneurs. Udaan was founded in 2016 and is headquartered in Bangalore, Karnataka, India.
CARS24 Services Pvt. Ltd. is an online automotive marketplace based in Gurugram, India, that specializes in buying and selling used cars. Founded in 2015, the company aims to transform the used car market by offering a tech-enabled platform that ensures a secure and efficient selling process for car owners. Utilizing an AI-driven pricing algorithm, CARS24 provides accurate market valuations and facilitates vehicle inspections through scheduled appointments. Additionally, the company operates a financial services division that offers vehicle lending products to customers. CARS24 is supported by notable investors, including Exor Seeds and Moore Strategic Ventures, and operates as a subsidiary of Global Car Group.
Faire Wholesale, Inc. operates an online marketplace that connects independent retailers with manufacturers, facilitating the purchase of unique wholesale merchandise. Founded in 2016 and headquartered in San Francisco, California, with an additional office in Kitchener, Canada, Faire streamlines the wholesale process by offering a platform where retailers can browse items, place orders, and track shipments. The marketplace employs artificial intelligence and predictive analytics to help retailers manage inventory effectively and reduce risks associated with unsold products. Faire provides features such as net 60 payment terms and free returns, which support local retailers and independent brands in competing with larger retail chains and e-commerce platforms. The company aims to empower small business owners by delivering technological solutions, data insights, and logistical support to enhance the future of local retail.
Founded in December 2013, the company is the first mobile Internet company in China to reform the traditional trading model of the textile industry. Headquartered in the Haizhu District of Guangzhou City, the first to O2O mode transformation of the traditional textile trades behind the trading model is the B2B under the rising star of the vertical. As one of the leading B2B enterprises in China, Baidu is the only B2B self-operating platform in the industry. Since its formal operation, Baibu has demonstrated its considerable strength in B2B leading enterprises in the steel and chemical industries. Its core team members are from Alibaba, the United States Mission, where, Yan Man, Qiushuiyiren and industry veteran experts, well-known fabric production, distribution channels, clothing production and marketing of all aspects of textile supply chain upstream and downstream parties to master resources. 100 based on the textile industry in the field of information services, the textile market in the fierce competition in the fierce battle to get a foothold, and the performance of the state of steady growth. Since the products on the market so far, has settled in the success of the shops reached more than 5,000, the number of buyers up to more than 20,000. In 2016, the scope of services extended to Foshan, Guangdong, Dongguan, Zhejiang Hangzhou, Keqiao, Huzhou and other regions, the rapid establishment of a sound textile market channels.
CARS24 Services Pvt. Ltd. is an online automotive marketplace based in Gurugram, India, that specializes in buying and selling used cars. Founded in 2015, the company aims to transform the used car market by offering a tech-enabled platform that ensures a secure and efficient selling process for car owners. Utilizing an AI-driven pricing algorithm, CARS24 provides accurate market valuations and facilitates vehicle inspections through scheduled appointments. Additionally, the company operates a financial services division that offers vehicle lending products to customers. CARS24 is supported by notable investors, including Exor Seeds and Moore Strategic Ventures, and operates as a subsidiary of Global Car Group.
DealShare is a social commerce startup that caters to the middle and lower-income populations in mid-tier cities. It operates an online buying platform designed to facilitate the purchase of a wide range of consumer products. The platform features a diverse product catalog, including fruits, vegetables, grocery items, fashion accessories, and home decor. Users can buy and share deals with friends, allowing them to access products at prices lower than wholesale. By simplifying the buying process, DealShare enables customers to make purchases with just a few clicks, enhancing convenience and affordability in their shopping experience.
Udaan is a B2B trade platform that brings manufacturers, traders, retailers, and wholesalers into a single platform. The platform is about making business easy in India, about making B2B commerce convenient and efficient. They believe B2B is the new B2C in India. It connects retailers with wholesalers and traders who sell more than 15 lakh products ranging across categories from electronics and apparel to grocery and fresh produce. Udaan chat feature allows you to have a personal and secure conversation in real-time, in a language of your choice. It enables a direct connection between buyers & sellers which allows one-on-one discussions to negotiate terms of trade between transacting parties. India has 50m+ SMBs, who form the core of the Indian economy and society. They are the entrepreneurial pulse of India. They believe the internet is a great equalizing platform. They want to bring their energies together in bringing the power of the Internet to these millions of entrepreneurs. Udaan was founded in 2016 and is headquartered in Bangalore, Karnataka, India.
POIZON was launched by Shanghai Shizhuang Information Technology Co., Ltd. in 2015. It's China's largest sneaker trading platform, which has an annual GMV of $10 billion and a monthly active user of over 1.4 million in 2019. Through the C2B2C model, POIZON acts as a platform to connect buyers and sellers, providing authentication service for users and ensuring all products purchased are genuine.
Faire Wholesale, Inc. operates an online marketplace that connects independent retailers with manufacturers, facilitating the purchase of unique wholesale merchandise. Founded in 2016 and headquartered in San Francisco, California, with an additional office in Kitchener, Canada, Faire streamlines the wholesale process by offering a platform where retailers can browse items, place orders, and track shipments. The marketplace employs artificial intelligence and predictive analytics to help retailers manage inventory effectively and reduce risks associated with unsold products. Faire provides features such as net 60 payment terms and free returns, which support local retailers and independent brands in competing with larger retail chains and e-commerce platforms. The company aims to empower small business owners by delivering technological solutions, data insights, and logistical support to enhance the future of local retail.
Faire Wholesale, Inc. operates an online marketplace that connects independent retailers with manufacturers, facilitating the purchase of unique wholesale merchandise. Founded in 2016 and headquartered in San Francisco, California, with an additional office in Kitchener, Canada, Faire streamlines the wholesale process by offering a platform where retailers can browse items, place orders, and track shipments. The marketplace employs artificial intelligence and predictive analytics to help retailers manage inventory effectively and reduce risks associated with unsold products. Faire provides features such as net 60 payment terms and free returns, which support local retailers and independent brands in competing with larger retail chains and e-commerce platforms. The company aims to empower small business owners by delivering technological solutions, data insights, and logistical support to enhance the future of local retail.
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.
Udaan is a B2B trade platform that brings manufacturers, traders, retailers, and wholesalers into a single platform. The platform is about making business easy in India, about making B2B commerce convenient and efficient. They believe B2B is the new B2C in India. It connects retailers with wholesalers and traders who sell more than 15 lakh products ranging across categories from electronics and apparel to grocery and fresh produce. Udaan chat feature allows you to have a personal and secure conversation in real-time, in a language of your choice. It enables a direct connection between buyers & sellers which allows one-on-one discussions to negotiate terms of trade between transacting parties. India has 50m+ SMBs, who form the core of the Indian economy and society. They are the entrepreneurial pulse of India. They believe the internet is a great equalizing platform. They want to bring their energies together in bringing the power of the Internet to these millions of entrepreneurs. Udaan was founded in 2016 and is headquartered in Bangalore, Karnataka, India.
POIZON was launched by Shanghai Shizhuang Information Technology Co., Ltd. in 2015. It's China's largest sneaker trading platform, which has an annual GMV of $10 billion and a monthly active user of over 1.4 million in 2019. Through the C2B2C model, POIZON acts as a platform to connect buyers and sellers, providing authentication service for users and ensuring all products purchased are genuine.
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.
AUTO1 Group GmbH operates a digital platform that connects buyers and sellers in the used car market, facilitating transactions in Europe and North America. Founded in 2012 and based in Berlin, the company sources used cars from original equipment manufacturers (OEMs), dealerships, and its own business units, which include AUTO1.com and Autohero.com. The platform provides a seamless experience for both individual customers and professional dealers, allowing them to trade used cars at transparent prices without the complexities of negotiation. AUTO1 Group has two main segments: Merchant, where used cars are sold to commercial dealers, and Retail, which focuses on sales to private customers. The company continues to expand its presence, operating in nearly 30 countries and offering a diversified inventory that enhances its marketplace capabilities.
Flipkart Internet Private Limited is an e-commerce marketplace based in Bengaluru, India, founded in 2007. The platform offers over 30 million products across more than 70 categories, including electronics, apparel, home furnishings, beauty and personal care, books, and baby products. It caters to a diverse customer base, serving women, men, and children. Flipkart has built a significant user base, with 75 million registered users and over 10 million daily visits. The company efficiently manages logistics, delivering approximately 8 million shipments per month. Initially known as Flipkart Marketplace Private Limited, it rebranded in 2012 and operates as a subsidiary of Flipkart Private Limited. Flipkart was acquired by Walmart in 2018, further enhancing its market presence in the Indian e-commerce sector.
AUTO1 Group GmbH operates a digital platform that connects buyers and sellers in the used car market, facilitating transactions in Europe and North America. Founded in 2012 and based in Berlin, the company sources used cars from original equipment manufacturers (OEMs), dealerships, and its own business units, which include AUTO1.com and Autohero.com. The platform provides a seamless experience for both individual customers and professional dealers, allowing them to trade used cars at transparent prices without the complexities of negotiation. AUTO1 Group has two main segments: Merchant, where used cars are sold to commercial dealers, and Retail, which focuses on sales to private customers. The company continues to expand its presence, operating in nearly 30 countries and offering a diversified inventory that enhances its marketplace capabilities.
Flipkart Internet Private Limited is an e-commerce marketplace based in Bengaluru, India, founded in 2007. The platform offers over 30 million products across more than 70 categories, including electronics, apparel, home furnishings, beauty and personal care, books, and baby products. It caters to a diverse customer base, serving women, men, and children. Flipkart has built a significant user base, with 75 million registered users and over 10 million daily visits. The company efficiently manages logistics, delivering approximately 8 million shipments per month. Initially known as Flipkart Marketplace Private Limited, it rebranded in 2012 and operates as a subsidiary of Flipkart Private Limited. Flipkart was acquired by Walmart in 2018, further enhancing its market presence in the Indian e-commerce sector.
Flipkart Internet Private Limited is an e-commerce marketplace based in Bengaluru, India, founded in 2007. The platform offers over 30 million products across more than 70 categories, including electronics, apparel, home furnishings, beauty and personal care, books, and baby products. It caters to a diverse customer base, serving women, men, and children. Flipkart has built a significant user base, with 75 million registered users and over 10 million daily visits. The company efficiently manages logistics, delivering approximately 8 million shipments per month. Initially known as Flipkart Marketplace Private Limited, it rebranded in 2012 and operates as a subsidiary of Flipkart Private Limited. Flipkart was acquired by Walmart in 2018, further enhancing its market presence in the Indian e-commerce sector.
JD.com is a leading online direct sales company in China, renowned for its extensive transaction volume and significant market share. The platform provides consumers with a diverse selection of authentic products at competitive prices, emphasizing a user-friendly online shopping experience through its website and mobile applications. To ensure timely and reliable delivery, JD.com has established a comprehensive nationwide fulfillment infrastructure, comprising numerous warehouses and a self-operated delivery network. This infrastructure allows the company to maintain high customer satisfaction levels and supports both its direct sales and online marketplace operations. JD.com also includes JD Health, an e-commerce platform for pharmaceutical products, and JD Logistics, which offers supply chain and logistics services, including innovative solutions like drone deliveries. With a strong emphasis on technology, JD.com has invested in a proprietary platform to facilitate growth and enhance service offerings, employing a substantial workforce to support its operations across China.
Private Equity Round in 2011
Alibaba Group is a leading global online and mobile commerce company based in Hangzhou, China, founded in 1999. The company operates a diverse range of platforms, including Taobao, a consumer-to-consumer marketplace, and Tmall, a business-to-consumer platform. Alibaba also manages Alibaba.com and 1688.com for wholesale transactions, along with AliExpress for international retail. Its services extend beyond e-commerce to cloud computing, digital media and entertainment, and local consumer services. Key assets include Cainiao, a logistics network, and Ele.me, a local delivery service. Additionally, Alibaba offers various marketing services, payment solutions, and operates content platforms such as Youku and Alibaba Pictures. As the world's largest online commerce entity by gross merchandise volume, Alibaba plays a crucial role in connecting consumers and businesses, facilitating transactions, and enhancing operational efficiencies through cutting-edge technology.
JD.com is a leading online direct sales company in China, renowned for its extensive transaction volume and significant market share. The platform provides consumers with a diverse selection of authentic products at competitive prices, emphasizing a user-friendly online shopping experience through its website and mobile applications. To ensure timely and reliable delivery, JD.com has established a comprehensive nationwide fulfillment infrastructure, comprising numerous warehouses and a self-operated delivery network. This infrastructure allows the company to maintain high customer satisfaction levels and supports both its direct sales and online marketplace operations. JD.com also includes JD Health, an e-commerce platform for pharmaceutical products, and JD Logistics, which offers supply chain and logistics services, including innovative solutions like drone deliveries. With a strong emphasis on technology, JD.com has invested in a proprietary platform to facilitate growth and enhance service offerings, employing a substantial workforce to support its operations across China.
Citydeal.de is a German-based daily deal platform that offers consumers discounted deals on local goods, services, and cultural events. Operating in over 50 cities across Germany, the site provides daily coupons for various activities, including dining, wellness, entertainment, travel, and shopping. The business model is based on collective purchasing; if a sufficient number of consumers express interest in a deal, it becomes active, allowing users to benefit from significant savings. Citydeal.de aims to connect consumers with local businesses while promoting a range of experiences within their communities.
Citydeal.de is a German-based daily deal platform that offers consumers discounted deals on local goods, services, and cultural events. Operating in over 50 cities across Germany, the site provides daily coupons for various activities, including dining, wellness, entertainment, travel, and shopping. The business model is based on collective purchasing; if a sufficient number of consumers express interest in a deal, it becomes active, allowing users to benefit from significant savings. Citydeal.de aims to connect consumers with local businesses while promoting a range of experiences within their communities.