Car Easy Secures Seed Funding Led by Prominent Investors and ah! Ventures Angel Platform

• ByStartupStory     |    August 23, 2023

Car Easy has successfully secured an undisclosed amount of funding in a seed round led by ah! Ventures Angel Platform, along with contributions from EvolveX, We Founder Circle, and Alaka Capital. Notably, this funding round attracted prominent investors, including Arvind Agarwal (CFO of Pay U India and former CFO of Nykaa), Anand Padmanabhan (President of Corporate Affairs at Shahi Exports), Vinay Soni (Finance Director at Flipkart), Abhishek Gupta (CEO of Turbotic and former KPMG partner), and Saurabh Singh (Head of Business Strategy and Programme Management at Greaves Electric Mobility).

The primary purpose of this funding injection is to facilitate the expansion of Car Easy’s founding team. With this backing, the company aims to enhance its operational capacity and advance its growth trajectory.

Ah! Ventures, a seasoned investor, has an impressive track record of supporting startups, having engaged in 185 investments across 119 startups. This recent investment adds to their comprehensive portfolio, which now amounts to Rs 385 crore ($48 million). Within this portfolio, Ah! Ventures boast 16 successful exits and 48 subsequent funding rounds. Their involvement extends across all three investment platforms, including the 2023 fund.

In conclusion, Car Easy’s latest seed funding round, backed by notable investors and spearheaded by ah! Ventures Angel Platform is geared towards bolstering the company’s foundational team as it pursues further growth and development in its sector.

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