1. Market Data
August 18, 2016updated 03 Nov 2021 12:27pm

Deals this week: Carvana, Alliance Automotive UK, Lithia Motors

Online automotive retailer Carvana has raised $160m in a Series C round of funding.

Online automotive retailer Carvana has raised $160m in a Series C round of funding.

Alliance Automotive UK has acquired the automotive parts business of Lookers for £120m ($155.96m).

Lookers is an automotive retailer and distributor based in the UK, while Alliance Automotive is a part of Alliance Automotive Group, an automotive and commercial vehicle parts distributor based in the UK.

“The store will be renamed DCH Ford of Thousand Oaks following the completion of the transaction.”

Lithia Motors, a US-based automotive franchisee and retailer of new and used vehicles, has announced the acquisition of Kemp Ford.

The store will be renamed DCH Ford of Thousand Oaks following the completion of the transaction.

GemSwipe has raised Rs33m ($0.5m) in a pre-Series A round of funding through Powerhouse Ventures and M&S Partners.

Also based in India, GemSwipe operates the online jewellery marketplace Joolz.

Samsonite International has secured $16.80m in equity funding.

Based in Luxembourg, Samsonite is a luggage and leather goods designer, manufacturer and retailer.