CarSingh, an online platform that helps users to buy and sell used and new cars has raised first round of funding from Seeders Venture Capital Pvt.Ltd. The portal claims to attract more than two lakh users per month.
Started by January 2010 by Rohit Singh, CarSingh offers a selection of used cars inventory from dealers and private sellers. The portal also helps users in their new and used car buying process and is planning to expand its operations in used cars market across India.
Seeders Venture Capital Pvt. Ltd primarily funds software, mobile, web services and gaming companies that either have a differentiating product or service where Internet is a key enabler. The fund is started by Pallav Nadhani (of Fusioncharts) and Abhishek Rungta (IndusNet).