Avendus Capital Advises CarTrade on Its INR 9500 mn (USD 145 MN) Fund Raise.

CarTrade.com with its combination with CarWale is India's leading auto websites and helps consumers to buy and sell new and used cars. Unique offerings on the site such as used car price information and condition check of cars help consumers to buy and sell used cars with confidence. For new car buyers, there are a host of features such as reviews, on-road prices, car comparisons and latest news. Millions of consumers visit CarTrade.com and CarWale.com monthly to use these features. The site has new and used car dealers from all over the country who list their cars for sale.

Temasek is an investment company based in Singapore. Supported by 10 offices globally, Temasek owns a S$266 billion (US$177 billion) portfolio as at 31 March 2015. Temasek's investment themes center on: Transforming Economies; Growing Middle Income Populations; Deepening Comparative Advantages; and Emerging Champions. Its portfolio covers a broad spectrum of industries: financial services; telecommunications, media and technology; transportation and industrials; life sciences, consumer and real estate; as well as energy and resources.

March Capital Partners invest globally in leading technology innovation. With a history of hundreds of millions of dollars in venture capital investments and private financings, the partners and team at March participate across all stages of growth in the realms of Internet Infrastructure, Enterprise Technology, and Information Services & Content.

Warburg Pincus is a leading global private equity firm focused on growth investing. The firm has more than US$40 billion in assets under management. Its active portfolio of more than 120 companies is highly diversified by stage, sector and geography. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. Founded in 1966, Warburg Pincus has raised 15 private equity funds which have invested more than US$50 billion in over 720 companies in more than 35 countries.

Over the past decade, affiliates of private equity funds raised by Warburg Pincus have invested more than US$3 billion in Indian companies. The firm's past and current investments in India include Alliance Tire, Ambuja Cements, Au Financiers, Bharti Airtel, BIBA Apparels, Capillary Technologies, Capital First, Continental Warehousing, DB Corp, Ecom Express, Embassy Industrial Parks, Gangavaram Port, Havells, HDFC, Kalyan Jewellers, Kotak Mahindra Bank, Laurus Labs, Lemontree Hotels, Max India, Metropolis Healthcare, Piramal Realty, Quest Global Services, Quikr, Sintex and WNS. The firm is headquartered in New York with offices in Amsterdam, Beijing, Frankfurt, Hong Kong, London, Luxembourg, Mauritius, Mumbai, San Francisco, São Paulo and Shanghai.