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[Funding alert] D2C men s essential wear brand Almo raises seed round from angels

[Funding alert] D2C men s essential wear brand Almo raises seed round from angels
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Startup news and updates: daily roundup (June 1, 2021)

Startup news and updates: daily roundup (June 1, 2021)
yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.

CarDekho Group plans expansion across Southeast Asia in next two years

CarDekho Group plans expansion across Southeast Asia in next two years SECTIONS Last Updated: Apr 25, 2021, 11:56 AM IST Share Synopsis The company, which is currently in the process of deploying $25 million for the expansion programme, will enter Malaysia this year followed by Thailand and Vietnam next year Reuters Automotive platform CarDekho Group is pressing ahead with its international expansion plans with an aim to be present across South-East Asia in the next two years, according to a top company official. The company, which is currently in the process of deploying $25 million for the expansion programme, will enter Malaysia this year followed by Thailand and Vietnam next year.

CarDekho Group plans to be present across South-East Asia in next two years

CarDekho Group plans to be present across South-East Asia in next two years In 2016 CarDekho entered Indonesia under the brand name OTO.com. Later in 2019, the group forayed into the Philippines and acquired Carmudi. 0 claps Share on Automotive platform CarDekho Group is pressing ahead with its international expansion plans with an aim to be present across South-East Asia in the next two years, according to a top company official. The company, which is currently in the process of deploying USD 25 million for the expansion programme, will enter Malaysia this year followed by Thailand and Vietnam next year. The idea very clearly is that we will be a pan South-East Asia (player) and all other major markets with our new auto business within the next two years. On the auto finance side, we will probably see enter about three-odd markets, CarDekho Group cofounder & President Umang Kumar told PTI.

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