Pre-owned vehicles marketplace SheerDrive raises funding from IPV

Sheerdrive, a Mumbai-based digital platform specialising in pre-owned vehicles, has raised funding from Inflection Point Ventures (IPV). Existing investors in the company, set up in 2020, include Prajit Nanu (CEO of fintech co NIUM), JITO Angel Network, INSEAD Angels India, Group Landmark, and Volrado Venture Fund.