Carwale raises $7mn from Sierra Ventures

Carwale has raised $7mn from Sierra Ventures – and the funding will be used to fuel it’s growth strategy including, expanding sales distribution, marketing, and continuing investment in product activities.

Carwale offers consumer focused service that includes content and tools for research, pricing/comparison and marketplace information and makes money via lead generation.

Carwale raised seed fund from SeedFund (which is also a partner of Sierra Ventures).

Have you used CarWale’s service? Any feedback you would like to share?

Sierra Ventures earlier invested in MakeMyTrip.

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