July 23, 2015 at 11:39Domestic auto sales service received $ 40 million investment
CarPrice.ru , an online valuation and sales company for used cars, received $ 40 million in investments. According to company management, this is a record-breaking investment transaction in 2015. Funds invested in the online service Baring Vostok Private Equity Fund V, Almaz Capital and other investors, writes Lenta. The co-founder of the company Eduard Gurinovich said that an investment of this size is necessary for the service due to some features of the business model and the growing popularity of the company.
“The CarPrice team plans to invest in more aggressive regional expansion. By the end of August, we plan to open 15 offices in Moscow, more than 30 throughout Russia by the end of the year. We need a large number of physical offices that car owners can quickly come to, as the main advantage of CarPrice is its comfort and speed of sale, ”Gurinovich commented.
Interestingly, the service was created only last year. Among other offers of the company are an online assessment of the car, inspection and payment of money by the service, followed by an auction among car dealers.
“The CarPrice team plans to invest in more aggressive regional expansion. By the end of August, we plan to open 15 offices in Moscow, more than 30 throughout Russia by the end of the year. We need a large number of physical offices that car owners can quickly come to, as the main advantage of CarPrice is its comfort and speed of sale, ”Gurinovich commented.
Interestingly, the service was created only last year. Among other offers of the company are an online assessment of the car, inspection and payment of money by the service, followed by an auction among car dealers.