VC Fund Investments

Virtual pre-owned car co CarzSo.com raises $700-K

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Gurugram-based CarzSo.com, a virtual pre-owned car company, has raised INR 5 crore (about USD 700,000) from investors led by Mytash (Indian investment arm of US early-stage investment fund). The startup plans to launch three to five virtual stores to improve its presence in rural, Tier II and III markets and plans on filing multiple patents for the use of virtual reality technology in the auto space. The firm offers a digital experience through its online platform, which displays a range of cars with details and pictures.

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