Online automobile classifieds company CarTrade has raised $55 million (about Rs.366 crores) in a fresh round of funding that has been co-led by existing backer Temasek and a US-based family office. Funding from the latest round would be used for acquisitions and on new initiatives such as auto financing. CarTrade launched auto finance as a service in partnership with banks and non-banking finance companies (NBFC), to document and evaluate used cars to enable loans.