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
Bangalore based Spot-Ad firm - Amagi has raised Rs25 Cr in it's third round of funding from Nadathur Group.
Adani Welspun Explorations, a JV between Ahmedabad based Adani Group and Mumbai based Welspun Group, is planning to acquire shale and oil sands assets in the US and Canada.