Carmudi

Taguig, Philippines Founded: 2014 • Age: 12 yrs Acquired By CarDekho
Online listing platform for multi-category used vehicles
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About Carmudi

Carmudi is a company based in Taguig (Philippines) founded in 2014 was acquired by CarDekho in November 2019.. Carmudi has raised $45 million across 3 funding rounds from investors including CarDekho, HV Capital and The Asia Pacific Internet Group. Carmudi operates in a competitive market with competitors including Tsikot and Carganda, among others.

  • Headquarter Taguig, Philippines
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Carmudi Gmbh
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $45 M (USD)

    in 3 rounds

  • Latest Funding Round
    $10 M (USD), Series B

    Jan 23, 2018

  • Investors
    CarDekho

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    CarDekho

    (Nov 28, 2019)

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People of Carmudi
Headcount 50-200
Employee Profiles 6
Employee Profiles
People
Frederick Chua
Head of Used Cars
People
Jeeboy Fababier
Senior Account Manager
People
Mary Joy Velasco
Sr. Sales Support Association
People
Aaron Luke Kasilag
Head of Sales and Account Management

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Funding Insights of Carmudi

Carmudi has successfully raised a total of $45M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in January 2018. 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 Rounds 3
  • Last Round Series B — $10.0M
  • First Round

    (22 Apr 2014)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2018 Amount Series B - Carmudi Valuation

investors

Feb, 2015 Amount Series B - Carmudi Valuation

investors

Apr, 2014 Amount Seed - Carmudi Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Carmudi

Carmudi has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include CarDekho, HV Capital and The Asia Pacific Internet Group. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital funding is provided to digital company founders.
Founded Year Domain Location
Early-stage VC investments and incubation services are provided.
Founded Year Domain Location
Venture capital firm focused on tech sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Carmudi

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Carmudi

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Carmudi Comparisons

Employees
+
Add Comparison
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Competitors of Carmudi

Carmudi 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 Tsikot and Carganda, 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
Automobiles are listed and discussed on a Philippine online platform.
domain founded_year HQ Location
Functions as an online platform for listing and selling used vehicles.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Carmudi

Frequently Asked Questions about Carmudi

When was Carmudi founded?

Carmudi was founded in 2014.

Where is Carmudi located?

Carmudi is headquartered in Taguig, Philippines. It is registered at Taguig, National Capital Region, Philippines.

Is Carmudi a funded company?

Carmudi is a funded company, having raised a total of $45M across 3 funding rounds to date. The company's 1st funding round was a Seed of $10M, raised on Apr 22, 2014.

What does Carmudi do?

Carmudi was founded in 2014 and is based in Taguig, Philippines. An online platform is operated for the automotive sector, where multi-category used vehicles such as bikes, cars, and commercial vehicles are listed by dealers and sellers. Buyers are enabled to browse and discover available listings through the domain carmudi.com.ph. The service facilitates connections between sellers and potential buyers in the used vehicle market.

Who are the top competitors of Carmudi?

Carmudi's top competitors include Tsikot and Carganda.

Who are Carmudi's investors?

Carmudi has 4 investors. Key investors include CarDekho, HV Capital, The Asia Pacific Internet Group, and Tengelmann Ventures.

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