Carbiqi

Ghaziabad, India Founded: 2017 • Age: 9 yrs Acquired By CarDekho
Pre-owned cars are auctioned via a C2B marketplace to dealerships.

About Carbiqi

Carbiqi is a Transportation, Automotive & Logistics company based in Ghaziabad (India) founded in 2017, and was acquired by CarDekho in November 2018. Pre-owned cars are auctioned via a C2B marketplace to dealerships. The company has 49 employees. The company was acqui-hired. Its focus areas include Consumer, Auto E-Commerce & Content, Second Hand Vehicles and Cars. Its legal entity in India is Asan Technologies Private Limited (U72200DL2015PTC287410). Its competitors include CarTrade Exchange, Big Boy Toyz and BlueJack; 2 of its 3 listed competitors have raised funding.

Company details

Founded in 2017 in Ghaziabad, India, Carbiqi operates as a C2B auction platform in the pre-owned automotive sector. Sellers register and provide vehicle details to arrange inspections at nearby stores. Inspected cars are listed for bidding by a network of dealerships. All paperwork is managed by the company, with payments disbursed immediately upon deal closure.

Key Metrics
  • Net Loss
    -₹43 Lakh

    FY 2022 · -998784% margin

  • EBITDA
    -₹43 Lakh

    FY 2022 · -998715% margin

  • Investors
    CarDekho

    & 1 more

  • Employee Count
    49
  • Acquired by
    CarDekho

    (Nov 2018)

Investors in Carbiqi

Carbiqi has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include CarDekho and Gaadi.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Retailer of new automobiles, used vehicles, and related automotive news
2008cardekho.comJaipur, India
Cars and bikes are searched, compared, and classified online.
2008gaadi.comJaipur, India
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Investor details for Carbiqi

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Board of directors of Asan Technologies Private Limited (Carbiqi)

Asan Technologies Private Limited is the primary company behind Carbiqi. The board of Asan Technologies Private Limited currently have 3 directors; the longest-serving is Gaurav Srivastava, appointed in 2015. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Gaurav Srivastava
DIN 06869175
Director13 Nov 201510 yrs 11 moAsan Technologies Private Limited
Anubhav Deep
DIN 07264550
Director13 Nov 201510 yrs 11 moAsan Technologies Private Limited
Manish Gupta
DIN 00135057
Director01 Feb 201610 yrs 9 moAsan Technologies Private Limited

People of Carbiqi

1 people are tracked at Carbiqi (1 in leadership); the tracked headcount is 49.

NameRoleGroup
Executive DirectorLeadership
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Financials of Carbiqi

Figures of Asan Technologies Private Limited, the primary company behind Carbiqi, for FY 2022. Net loss was -₹43 Lakh (-998784% margin). EBITDA was -₹43 Lakh (-998715% margin). Revenue has grown at a compounded annual rate of -98% over three years and -83% over five years.

  • -₹43 LakhNet loss · -998784% margin
  • -₹43 LakhEBITDA · -998715% margin
  • ₹8.5 LakhPaid-up capital
  • 49Employees (provident fund records)
  • -98%Revenue CAGR, 3 years
  • -83%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Asan Technologies Private Limited are on its company page.

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Detailed financial statements for Carbiqi

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Timeline of Carbiqi

2 dated milestones of Carbiqi across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Carbiqi is founded.
  2. Exit Acquired by CarDekho.

Competitors of Carbiqi

Carbiqi has 3 listed competitors in our database, 2 of them funded. They include CarTrade Exchange, Big Boy Toyz and BlueJack.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cartradeexchange.com2009Mumbai, India$13M1,061
Operator of an online platform for vehicle auctions and listing services
bigboytoyz.com2009Gurugram, India27
Operates a digital platform for buying and selling pre-owned luxury cars.
bluejack.in2015Delhi, India$2.33M1
Online marketplace for pre-owned cars
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Detailed competitors of Carbiqi

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Top companies in Automotive Retail & Aftersales

3 companies that operate in the same segment as Carbiqi (Automotive Retail & Aftersales) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
General and life insurance products are provided across multiple categories.
2016Bengaluru, Karnataka, IndiaUSD 462.45 MUSD 1.12 B4,589
Insurance products for vehicles, health, travel, and life are offered.
2016Bengaluru, Karnataka, IndiaUSD 746.17 MUSD 216.04 M1,306
Retailer of inspected, certified pre-owned vehicles with service and finance options
2015Gurugram, Haryana, IndiaUSD 741.46 MUSD 446.48 M5,812
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Related news about Carbiqi

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Frequently Asked Questions about Carbiqi

Carbiqi was founded in 2017.

Carbiqi is headquartered in Ghaziabad, India. It is registered at Ghaziabad, Uttar Pradesh, India.

Carbiqi has 49 employees.

Annual revenue of Carbiqi is $7.21K as on Mar 31, 2020.

Founded in 2017 in Ghaziabad, India, Carbiqi operates as a C2B auction platform in the pre-owned automotive sector. Sellers register and provide vehicle details to arrange inspections at nearby stores. Inspected cars are listed for bidding by a network of dealerships. All paperwork is managed by the company, with payments disbursed immediately upon deal closure.

Carbiqi's top competitors include CarTrade Exchange, BlueJack and Big Boy Toyz.

Carbiqi has 2 investors. Key investors include CarDekho, and Gaadi.

Carbiqi operates through Asan Technologies Private Limited.

Yes. Carbiqi was acquired by CarDekho in November 2018.

The legal entities of Carbiqi currently have 3 directors, including Manish Gupta, Gaurav Srivastava, Anubhav Deep.

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