About Gaadi
Gaadi is a company based in Jaipur (India) founded in 2008 by Ankur Warikoo and Umang Kumar was acquired by CarDekho in June 2014.. The company has 1,164 employees as of April 06, 2024. Gaadi has completed 1 acquisition, including Carbiqi. Gaadi operates in a competitive market with competitors including ACV Auctions, Droom, CarTrade Exchange, SAMIL and Big Boy Toyz, among others.
- Headquarter Jaipur, India
- Employees 1164 as on 06 Apr, 2024
- Founders Ankur Warikoo, 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 Gaadi Web Private Limited
- Date of Incorporation 10 Oct, 2007
- Jurisdiction Delhi, India
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Annual Revenue
$35.5 M (USD)4.25as on Mar 31, 2023
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Net Profit
$-12.09 M (USD)-59.16as on Mar 31, 2023
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EBITDA
$-11.81 M (USD)-84.73as on Mar 31, 2023
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Latest Funding Round
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Investors
CarDekho
& 1 more
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Employee Count
1164
as on Apr 06, 2024
- Investments & Acquisitions
- Acquired by
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Funding Insights of Gaadi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Gaadi
Gaadi has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include CarDekho and Ibibo 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.
| Investor | Description | Founded Year | Domain | Location |
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Retailer of new automobiles, used vehicles, and related automotive news
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Founded Year | Domain | Location | |
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Multiple online travel services are offered across various verticals.
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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 Gaadi
Gaadi has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Carbiqi. 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 |
| 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 - Gaadi
| 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 |
Gaadi Comparisons
Competitors of Gaadi
Gaadi 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 ACV Auctions, Droom, CarTrade Exchange, SAMIL and Big Boy Toyz, 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 |
B2B online auctions for car dealers' inventory are facilitated.
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| domain | founded_year | HQ Location |
Used vehicles are bought and sold through an AI platform.
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| domain | founded_year | HQ Location |
Operator of an online platform for vehicle auctions and listing services
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| domain | founded_year | HQ Location |
App-based bidding for used vehicles and equipment is enabled.
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| domain | founded_year | HQ Location |
Operates a digital platform for buying and selling pre-owned luxury cars.
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| domain | founded_year | HQ Location |
Operates a digital marketplace for buying and selling pre-owned vehicles.
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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 Gaadi
Frequently Asked Questions about Gaadi
When was Gaadi founded?
Gaadi was founded in 2008.
Where is Gaadi located?
Gaadi is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
Who is the current CEO of Gaadi?
Umang Kumar is the current CEO of Gaadi. They have also founded this company.
How many employees does Gaadi have?
As of Apr 06, 2024, the latest employee count at Gaadi is 1,164.
What is the annual revenue of Gaadi?
Annual revenue of Gaadi is $35.5M as on Mar 31, 2023.
What does Gaadi do?
Gaadi.com was established in 2008 in Jaipur, India, as an automobile classified portal. New and used cars, bikes, and pricing comparisons are featured, with data from 22 cities and over 500 dealers integrated. Partnerships with manufacturers like Chevrolet, Audi, Tata, and Ford are upheld to arrange test drives and share model offers. The platform was acquired by MIH India in 2011 and sold to CarDekho in 2014 for 11 million.
Who are the top competitors of Gaadi?
Gaadi's top competitors include ACV Auctions, Droom and CarTrade Exchange.
How many acquisitions has Gaadi made?
Gaadi has made 1 acquisition, including Carbiqi.
Who are Gaadi's investors?
Gaadi has 2 investors. Key investors include CarDekho, and Ibibo Group.