Tractor Junction raises $22 Mn led by Astanor

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Tractor-focused marketplace Tractor Junction has raised $22 million in a funding round led by Astanor, with participation from Info Edge and Omnivore. 

The round comprised $17 million in equity and $5 million in debt. The company has now raised about $28 million to date, including a $5.7 million seed round in April 2022.

The fresh capital will be used to expand its vehicle, services and financing offerings in rural India, strengthen partnerships with sellers, OEMs and dealers, and broaden its digital and physical footprint. 

Tractor Junction, which…



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Tractor Junction raises $22 Mn led by Astanor


Tractor-focused marketplace Tractor Junction has raised $22 million in a funding round led by Astanor, with participation from Info Edge and Omnivore. 

The round comprised $17 million in equity and $5 million in debt. The company has now raised about $28 million to date, including a $5.7 million seed round in April 2022.

The fresh capital will be used to expand its vehicle, services and financing offerings in rural India, strengthen partnerships with sellers, OEMs and dealers, and broaden its digital and physical footprint. 

Tractor Junction, which…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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