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CARDEKHO PROFIT
CarDekho Group invests $10 million in edtech firm CollegeDekhoFounded in 2015, CollegeDekho operates an online platform that enables college discovery, course selection, entrance test preparation, and ...- Gaming sector on losing streak; Vizag’s data centre gold rushIn a jolt to the Indian gaming sector, the founders of Winzo Games were arrested in a money laundering case. This and more in today’s ETtec...
- CarTrade Tech slides 5% as talks to absorb CarDekho, BikeDekho collapseCarTrade Tech shares fell 5% after the company and Girnar Software mutually agreed not to proceed with the proposed acquisition of CarDekho...
- CarTrade, CarDekho parent end acquisition talksCarTrade Tech has pulled the plug on its planned takeover of Girnar Software's automobile classified units – CarDekho and BikeDekho. After ...
- CarTrade confirms acquisition talks with CarDekho parentCarTrade Tech is in talks to acquire CarDekho and BikeDekho. This potential deal would unite two major players in India's auto classifieds ...
- IPO pipeline worth $1 billion builds for India used-car startupsIndian online used car vendors like CARS24, CarDekho, and Spinny are streamlining operations and divesting from secondary ventures to prepa...
- Several Indian startups end FY24 with better bottom line amid funding challengesMore than two dozen startups in India improved their financial performance in FY24 with a revenue of over Rs 500 crore. Startups like Purpl...
- Govt for fair AI development; Google in CCI crosshairsHappy Friday! The government is leading multiple projects to foster responsible growth of AI. This and more in today’s ETtech Morning Dispa...
- CarDekho Group eyeing 40% consolidated growth in FY25: Founder Amit JainCarDekho Group, led by CEO Amit Jain, eyes 40% growth in FY25 with profitable auto marketplace and IPO plans. Expansion in Southeast Asia a...
- Edtech startup Scaler appoints Tapan Jindal as CFOScaler, an edtech startup, has appointed Tapan Jindal as the Chief Financial Officer (CFO) at InterviewBit and Scaler. In his new role, Jin...
- CarDekho FY23 revenue at Rs 2,331 crore; loss at Rs 562 croreDuring FY23, the Peak XV Partners-backed CarDekho ceased its retail used-car sales business and consumer-to-business (C2B) vertical citing ...
- Used car startup Spinny lays off around 300 employeesThe layoffs are part of a restructuring exercise that will also see its budget and luxury car offerings — Truebil and Spinny Max — being me...
- CarDekho Group narrows loss to Rs 246 crore in FY22The firm which enables buying and selling cars and bikes, including electric vehicles, besides providing information and research; insuranc...
- CarDekho Group appoints Sharad Saxena as CEO for used-car businessSaxena, with over 16 years of experience in various global firms, has previously worked with McKinsey & Co India Office as a senior advisor...
- CarDekho Group appoints Mayank Gupta as chief financial officerJain said, "2021 has been a remarkable year for CarDekho, as the company has entered the Unicorn Club... Mayank's proven track record of le...
- Truecaller goes public; CarDekho heads for unicorn clubTruecaller, the Swedish-yet-desi company that changed the way we all use our phones, made its debut on Nasdaq Sweden earlier today with a m...
- Tencent in talks with CarDekho owner to lead $40 million investmentCarDekho currently clocks an annual loan rate of $35 million for its used car financing business even as it sells over 2,500 monthly polici...
- Used-car insurance and financing push CarDekho forwardThe impact of demonetisation notwithstanding, the used-car revenues saw a 72% increase driving the growth trajectory for the company.
- Struggling online auto classifieds bet on used car business to increase revenuesThe losses of the online auto portals are increasing on the back of high marketing and advertising expenses. However, this has not stopped ...
- Flipkart sees opportunity in selling automobiles and accessories onlineFlipkart has started working with car and bike manufacturers like Mahindra & Mahindra, Kawasaki and TVS Motors.
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