About Car Lelo
Car Lelo is a company based in Delhi (India) founded in 2020 by Gaurav Aggarwal was acquired by Capri Global Capital in May 2023. Car Lelo has raised $318 thousand across 2 funding rounds from investors including Capri Loans, Kumud Kumar Kaura and Crusaders Exim. Car Lelo operates in a competitive market with competitors including AckoDrive, MyNewCar, 91Wheels, BMW Bird Automotive and Stellar Skoda, among others.
- Headquarter Delhi, India
- Founders Gaurav Aggarwal
-
Sectors
Transportation, Automotive & Logistics
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Carlelo Private Limited
- Date of Incorporation 18 Oct, 2021
- Jurisdiction Delhi, Delhi, India
-
Annual Revenue
$120.11 K (USD)1940.82as on Mar 31, 2023
-
Net Profit
-$76.86 K (USD)-22618.69as on Mar 31, 2023
-
EBITDA
-$54.85 K (USD)-5228.64as on Mar 31, 2023
-
Total Equity Funding
$318 K (USD)
in 2 rounds
-
Latest Funding Round
$64.79 K (USD), Angel Round
Dec 02, 2024
-
Investors
Capri Loans
& 7 more
-
Employee Count
Not available
-
Acquired by
Capri Global Capital
(May 25, 2023)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Car Lelo
Car Lelo has successfully raised a total of $318K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $64.79 thousand completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Car Lelo
Car Lelo has secured backing from 8 investors, including angel and institutional investors. Prominent investors backing the company include Capri Loans, Kumud Kumar Kaura and Crusaders Exim.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Capri Loans is recognized as a leading NBFC in India, offering secured loan products.
|
Locked | Locked | Locked | |
|
KK
Kumud Kumar Kaura |
-
|
Locked | Locked | Locked |
|
GR
Grenville Rodricks |
-
|
Locked | Locked | Locked |
Investor details for Car Lelo
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Car Lelo
Investment portfolio details for Car Lelo
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Car Lelo
Detailed financials for Car Lelo
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Car Lelo Comparisons
Peer comparison for Car Lelo
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Car Lelo
Car Lelo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AckoDrive, MyNewCar, 91Wheels, BMW Bird Automotive and Stellar Skoda, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Provides automotive news, reviews, prices, and online car purchasing options.
|
|
| Locked | Locked | Locked |
New cars are purchased online via a multi-brand marketplace.
|
|
| Locked | Locked | Locked |
Online platform for car, bike, and scooter listings and comparisons in India.
|
|
| Locked | Locked | Locked |
BMW dealership providing new cars, servicing, financing, and test drives in India.
|
|
| Locked | Locked | Locked |
Operates a digital hub for selling Skoda cars with exclusive discounts and limited stocks.
|
Detailed competitors of Car Lelo
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Car Lelo
Complete news archive for Car Lelo
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Car Lelo
Car Lelo was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Car Lelo is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Gaurav Aggarwal is the current CEO of Car Lelo. They have also founded this company.
Car Lelo is a funded company, having raised a total of $318K across 2 funding rounds to date.
Annual revenue of Car Lelo is $120.11K as on Mar 31, 2023.
Car Lelo was established in 2020 in Delhi, India, as an online platform within the automotive sector. Services are offered for users to search vehicles, select colors and variants, and manage paperwork. Operations focus on streamlining the buying process from initial choice to completion, serving customers in India through the domain carlelo.com.
Car Lelo has 8 investors. Key investors include Capri Loans, Kumud Kumar Kaura, Crusaders Exim, Aarna Enterprise, and MARC Finserv.