Capital Automobile Finance (CAG) is a non-profit group that connects companies with investors, brokers, dealers and the like.
Capital Automobiles Finance Group is a group of individuals who invest in and manage vehicles and associated products for individuals, businesses, and non-profits.
CAG is a small non-for-profit, not-for profit, and it is not part of any of the major carmakers.
There are two types of car companies in the group.
One group is run by individuals and the other is run as a company.
Cag operates under a board of directors and is funded by contributions from individuals and members of the general public.
According to its website, CAG works to reduce the risk of the acquisition and retention of private-sector vehicle sales.
It has a focus on helping small- to medium-sized businesses to sell their vehicles.
While the group has a lot of influence, CAG is not affiliated with any of them.
Capital Automobiles Financial Group operates as a non profit.
CACG was established in October 2008 and it operates out of the office of Sajjad Ali, a senior advisor at the firm.
In May 2014, CACG announced it would be launching a new company called Capital Automo Finance Group (CAAG).
In a press release, CAAG stated that it would offer “a more holistic approach to the management of private car financing by bringing together investors, car dealers, vehicle manufacturers, and financial institutions to achieve sustainable growth and increase shareholder value”.
CAAg is currently in the process of raising a $30 million Series A round.
Source Capital Automotive Financial Group is part of a larger non- profit called the Capital Automautos Finance Group.
The new company is set to become part of CAAg and CAG’s group of advisers.
It was not immediately clear whether the group would have a similar focus to CAG, but it could potentially help CAG with the process to acquire its vehicles.
As reported by Bloomberg Business, the group’s board includes a number of business leaders.
“Our goal is to provide a platform for companies to connect with the public sector, while providing a more streamlined and scalable business model for them to access capital,” Mr Sajaj said.
“Our members can use their expertise in various fields to help with the financing of the company.
This will help in the consolidation of finance services in India.”CAG has raised a total of $50 million in funding, according to Bloomberg.
In October 2014, a $100 million round was announced by CACGs partner, Sajjan Ali.
The group has been operating since January 2012 and has raised $12.7 million in financing.
Cag has received funding from some of the largest names in the auto industry including Honda, Hyundai, Mitsubishi and Mitsubishos parent company, Sata.
However, Cag’s funding comes as a shock to many investors, particularly as it has received little investment from the industry itself.
Capital Auto Finance Group raised around $1 billion in financing in the first six months of 2016 and has a total valuation of $20 billion.
Last year, Capital Automans Finance Group was reportedly valued at $30 billion and was valued at around $60 billion in 2019.