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Private Equity | 5 September 2011

MotorExchange Raises $13Mn Series C Funding From Tiger Global

by Irfan Khan
MotorExchange Raises $13Mn Series C Funding From Tiger Global
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MotorExchange has raised $13 Mn in Series C funding led by Tiger Global Management and Canaan Partners. The funds will be used for brand building, expanding the network and increasing the headcount.

MotorExchange raised $5Mn from Epiphany Ventures and Canaan Ventures in it's second round of funding in January'11. It had also raised series A funding from Canaan Partners in 2009.

Transaction Reference: Medianama


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