About CarDekho
CarDekho is a company based in Jaipur (India) founded in 2008 by Anurag Jain, Amit Jain, and Umang Kumar.. CarDekho has raised $60 million across 1 funding round from investors including Dragon Funds and Navis Capital Partners. The company has 721 employees as of April 08, 2024. CarDekho has completed 9 acquisitions, including BuyingIQ, Carbiqi and Carmudi. CarDekho offers products and services including CarDekho Platform, Car Price Checker, and Electric Car Section. CarDekho operates in a competitive market with competitors including Drivetribe, Bitauto, Car Throttle, ZigWheels and Tonit, among others.
- Headquarter Jaipur, India
- Employees 721 as on 08 Apr, 2024
- Founders Anurag Jain, Amit Jain, Umang Kumar
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Girnar Software Private Limited
- Date of Incorporation 21 Dec, 2006
- Jurisdiction Jaipur, Rajasthan, India
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Annual Revenue
$289.58 M (USD)46.29as on Mar 31, 2023
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Net Profit
$-68.05 M (USD)-129.61as on Mar 31, 2023
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EBITDA
$-64.52 M (USD)-3.18as on Mar 31, 2023
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Total Equity Funding
$60 M (USD)
in 1 rounds
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Latest Funding Round
$60 M (USD), Series C
Dec 11, 2024
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Investors
Dragon Funds
& 1 more
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Employee Count
721
as on Apr 08, 2024
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Investments & Acquisitions
BuyingIQ
& 8 more
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Products & Services of CarDekho
CarDekho offers a comprehensive portfolio of products and services, including CarDekho Platform, Car Price Checker, and Electric Car Section. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for buying and selling cars online
Tool for comparing and checking car prices
Service providing details on electric vehicles
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Funding Insights of CarDekho
CarDekho has successfully raised a total of $60M through 1 strategic funding round. The most recent funding activity was a Series C round of $60 million 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series C — $60.0M
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First Round
First Round
(11 Dec 2024)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Series C - CarDekho | Valuation | Dragon Funds , Navis Capital Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CarDekho
CarDekho has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Dragon Funds and Navis Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Equity investments are targeted at mid-to-late stage technology companies.
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Founded Year | Domain | Location | |
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Private equity investments and management services are provided in Southeast Asia.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CarDekho
CarDekho has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include BuyingIQ, Carbiqi and Carmudi. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Pre-owned cars are auctioned via a C2B marketplace to dealerships.
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2017 | ||||
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Cars are rented online via a user-friendly platform.
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2015 | ||||
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Online listing platform for multi-category used vehicles
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - CarDekho
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cardekho Comparisons
Competitors of CarDekho
CarDekho 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 Drivetribe, Bitauto, Car Throttle, ZigWheels and Tonit, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital media platform for motoring enthusiasts
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| domain | founded_year | HQ Location |
Auto-related information is provided via an online platform.
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| domain | founded_year | HQ Location |
Community platform for auto enthusiasts
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| domain | founded_year | HQ Location |
Online portal to find new and used car deals
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| domain | founded_year | HQ Location |
App-based networking platform for motorcycle enthusiasts is provided.
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| domain | founded_year | HQ Location |
Auto industry news is delivered via online platforms.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cardekho
Frequently Asked Questions about CarDekho
When was CarDekho founded?
CarDekho was founded in 2008 and raised its 1st funding round 16 years after it was founded.
Where is CarDekho located?
CarDekho is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
Who is the current CEO of CarDekho?
Amit Jain is the current CEO of CarDekho. They have also founded this company.
Is CarDekho a funded company?
CarDekho is a funded company, having raised a total of $60M across 1 funding round to date. The company's 1st funding round was a Series C of $60M, raised on Dec 11, 2024.
How many employees does CarDekho have?
As of Apr 08, 2024, the latest employee count at CarDekho is 721.
What is the annual revenue of CarDekho?
Annual revenue of CarDekho is $289.58M as on Mar 31, 2023.
What does CarDekho do?
CarDekho was founded in 2008 in Jaipur, India, within the automotive retail sector. A digital platform is operated to facilitate exploration of new and used vehicles, model comparisons, and access to automotive reviews and news. Services for buying or selling used cars are offered, alongside listings of upcoming models, electric vehicles, and available deals. Operations focus on the Indian market.
Who are the top competitors of CarDekho?
CarDekho's top competitors include Drivetribe, Bitauto and ZigWheels.
What products or services does CarDekho offer?
CarDekho offers CarDekho Platform, Car Price Checker, and Electric Car Section.
How many acquisitions has CarDekho made?
Who are CarDekho's investors?
CarDekho has 2 investors. Key investors include Dragon Funds, and Navis Capital Partners.
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