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Tag: Cars45

Soumobroto Ganguly appointed CEO of Cars45

Cars45 has appointed Soumobroto Ganguly as its new Chief Executive. He takes over from co-founder and former CEO, Etop Ikpe. Ganguly has over 20 years of experience in business development and marketing, finance and fund raising. He previously worked at KPMG's Indian outfit. Prior to joining Cars45, he was the ...

Frontier Car Group Raises $58M to Accelerate Growth of Used-Car Marketplaces in Emerging Markets

Frontier Car Group which runs Cars45 in Nigeria, has closed  $41M Series B funding from Balderton, TPG Growth, automotive funds Fraser McCombs Capital, and AutoTech Ventures. to expand its used-car marketplaces within emerging markets. The company additionally raised $17M in debt financing from leading institutions and banks bring the total to $58m. According to Sujay Tyle, ...

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