AZB acts for Warburg on $42.5m CarTrade online classifieds Series H (Jan ‘20)

Automobile classifieds portal CarTrade.com has raised Rs 321 crore ($42.5 million) from two of its existing investors in its Series H round of financing.

VCCircle

AZB & Partners advised Highdell Investment Ltd (an affiliate of Warburg Pincus) led by a team of partners Srinath Dasari and Nanditha Gopal, senior associate Samyuktha Santhosh.

2020-01-30

Deal value: Total aggregate consideration approx. USD 42.54 Mn/ INR 3.215 Bn

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