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
Not available
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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
Detailed funding history for Gaadi
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Investors in Gaadi
Gaadi has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include CarDekho and Ibibo Group.
| Investor | Description | Founded Year | Domain | Location |
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Retailer of new automobiles, used vehicles, and related automotive news
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Multiple online travel services are offered across various verticals.
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Investor details for Gaadi
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Investments & Acquisitions by Gaadi
Gaadi has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Carbiqi.
Investment portfolio details for Gaadi
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| 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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Locked | Locked | 2017 | Locked |
Complete acquisition details for Gaadi
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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Financial Statements - Gaadi
Detailed financials for Gaadi
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Gaadi Comparisons
Peer comparison for Gaadi
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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B2B online auctions for car dealers' inventory are facilitated.
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Used vehicles are bought and sold through an AI platform.
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Operator of an online platform for vehicle auctions and listing services
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App-based bidding for used vehicles and equipment is enabled.
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Operates a digital platform for buying and selling pre-owned luxury cars.
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Operates a digital marketplace for buying and selling pre-owned vehicles.
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Detailed competitors of Gaadi
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Latest news on Gaadi
Complete news archive for Gaadi
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Frequently Asked Questions about Gaadi
Gaadi was founded in 2008.
Gaadi is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
Umang Kumar is the current CEO of Gaadi. They have also founded this company.
As of Apr 06, 2024, the latest employee count at Gaadi is 1,164.
Annual revenue of Gaadi is $35.5M as on Mar 31, 2023.
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.
Gaadi's top competitors include ACV Auctions, Droom and CarTrade Exchange.
Gaadi has made 1 acquisition, including Carbiqi.
Gaadi has 2 investors. Key investors include CarDekho, and Ibibo Group.