Sierra Ventures invests $7M in CarWale | Startup Meme - Technology Startup and Latest Tech News

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Nov 6 2008

Sierra Ventures invests $7M in CarWale

Saad Ali Abbasi 

carwale_logo CarWale is an Indian car portal – well established and growing in business, and as a result attracting the investor’s eye. Sierra Ventures put $7 million in the car deals website service, seeing that it would benefit more in this growing phase. This was CarWale’s first full venture round. Seedfund was the previous investor in the website. The site has a lot to offer its customers such as tools to research, buy or sell cars, and receive loans features. The current website trends bring community features and forums on almost every website nowadays, and so does this service.

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