ZigWheels

Jaipur, India Founded: 2008 • Age: 18 yrs Acquired By CarDekho
Online portal to find new and used car deals
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About ZigWheels

ZigWheels is a company based in Jaipur (India) founded in 2008 by Vikram Gour was acquired by CarDekho in September 2015.. The company has 721 employees as of April 08, 2024. ZigWheels offers products and services including ZigWheels App, Website Platform, and News and Reviews Service. ZigWheels operates in a competitive market with competitors including Spinny, CarDekho, CarWale, Droom and CarTrade Tech, among others.

  • Headquarter Jaipur, India
  • Employees 721 as on 08 Apr, 2024
  • Founders Vikram Gour
  • Sectors
    Transportation, Automotive & Logistics
    Media & Entertainment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Girnar Software Private Limited
  • Date of Incorporation 21 Dec, 2006
  • Jurisdiction Jaipur, Rajasthan, India
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Media & Entertainment → Digital Media, Publishing & Broadcasting
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Key Metrics
  • Annual Revenue
    $289.58 M (USD)
    46.29
    as on Mar 31, 2023
  • Net Profit
    $-68.05 M (USD)
    -129.61
    as on Mar 31, 2023
  • EBITDA
    $-64.52 M (USD)
    -3.18
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    721

    as on Apr 08, 2024

  • Acquired by
    CarDekho

    (Sep 13, 2015)

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Products & Services of ZigWheels

ZigWheels offers a comprehensive portfolio of products and services, including ZigWheels App, Website Platform, and News and Reviews Service. 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.

Primary

App for accessing automotive news and vehicle buying options

Site for car and bike reviews, prices, and sales listings

Service providing updates on cars, bikes, and comparisons

Funding Insights of ZigWheels

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 ZigWheels

ZigWheels has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include CarDekho. 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
Institutional
Investor Description Founded Year Domain Location
Retailer of new automobiles, used vehicles, and related automotive news
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 ZigWheels

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 - ZigWheels

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

Zigwheels Comparisons

Employees
+
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Competitors of ZigWheels

ZigWheels 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 Spinny, CarDekho, CarWale, Droom and CarTrade Tech, 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
Retailer of inspected, certified pre-owned vehicles with service and finance options
domain founded_year HQ Location
Retailer of new automobiles, used vehicles, and related automotive news
domain founded_year HQ Location
Second-hand cars are listed online to connect buyers and sellers.
domain founded_year HQ Location
Used vehicles are bought and sold through an AI platform.
domain founded_year HQ Location
Online marketplace for used cars
domain founded_year HQ Location
Online P2P marketplace for used cars
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 Zigwheels

Honda Activa 5G Launched
Zigwheels7 years ago
Avantura Choppers to sell bikes in India
Deccan Chronicle8 years ago

Frequently Asked Questions about ZigWheels

When was ZigWheels founded?

ZigWheels was founded in 2008.

Where is ZigWheels located?

ZigWheels is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.

How many employees does ZigWheels have?

As of Apr 08, 2024, the latest employee count at ZigWheels is 721.

What is the annual revenue of ZigWheels?

Annual revenue of ZigWheels is $289.58M as on Mar 31, 2023.

What does ZigWheels do?

ZigWheels was founded in 2008 in Jaipur, India, as an online platform in the automotive sector. Searches for new cars are enabled based on brand, pricing, models, and dealer details. Operations include dealer location services, price and model comparisons, used car listings for sale, and buyer-seller connections. Microsites are provided for dealers to engage with potential buyers. Acquisition by CarDekho occurred in September 2015.

Who are the top competitors of ZigWheels?

ZigWheels's top competitors include Spinny, CarWale and CarDekho.

What products or services does ZigWheels offer?

ZigWheels offers ZigWheels App, Website Platform, and News and Reviews Service.

Who are ZigWheels's investors?

ZigWheels has 1 investor. Key investors include CarDekho.

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