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CARDEKHO BUSINESS
Uber CEO Dara Khosrowshahi begins five-day India visit; meets finance minister Nirmala SitharamanUber CEO Dara Khosrowshahi is in India, meeting top ministers to discuss strategic investments and platform growth. He highlighted a quadru...- 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 ...
- 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...
- 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 ...
- 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 maps a South East Asia trip from MalaysiaGirnar-Software-owned CarDekho sells vehicles online in the National Capital Region, Mumbai and Bengaluru. It has businesses in Indonesia a...
- 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...
- CarDekho to invest $20 million in used car business in FY21All cars sold from exclusive stores will be Trustmark cars and comes with a 6 month/7500 km engine and transmission warranty as well as a 7...
- CarDekho raises $70 million to expand operationsSequoia India is one of the early investors in CarDekho, having led the Series A round in 2013. With this new round of funding, CarDekho ha...
- CarDekho’s revenue increases by 62% to Rs 260 croreGirnar Sofware, which runs CarDekho, said that revenues earned from its used-car business and affiliate services such as insurance and fina...
- CarDekho’s parent lands $110m from Sequoia, othersNew round values firm between $400 m & $500 m, Axis Bank in investor list.
- CarDekho raises $100 million in latest investment roundThe funding round led by Sequoia Capital’s global growth fund as well as existing investor Hillhouse Capital, values the Gurgaon-based firm...
- CarDekho sees revenues grow 40% in FY18 even as losses fall by almost 50%The Gurgaon-based firm has seen the segment add significant heft to its balance sheet with FY18 revenues growing about 40% to come in at Rs...
- CarDekho owner Girnar Software Raises Rs 16 crore from Sequoia Capital in internal roundCarDekho, which competes with players like CarTrade and Quikr's auto vertical, last raised about $15 million ( Rs 96 crore) from Google Cap...
- 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 ...
- CarDekho raises Rs 307 cr in fresh funding roundCarDekho.com has raised $50 million, or about Rs 307 crore, in a new round of funding led by Chinese funds Hillhouse Capital and Tybourne C...
- CarDekho gets Rs 90 crore from Sequoia CapitalGirnar Software, which runs classifieds site CarDekho and price comparison platform PriceDekho, has raised a first round of funding from Se...
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