CarDekho

Cardekho is a car search platform that helps users buy cars that are right for them.

CarDekho is redefining the country’s personal mobility ecosystem with technologically enhanced solutions.

Cardekho was founded in 2005 by Amit Jain and Anurag Jain. The company is headquartered in Jaipur, Rajasthan, with offices in Gurgaon, Haryana, India. Cardekho is the sub-organization of GirnarSoft, A Jaipur, Rajasthan, India based IT Company.

 

CarDekho has expanded to over 100 markets. The company buys cars from customers and then sells them, offers a catalogue of more than 3,000 certified pre-owned cars for online purchase.

 

CarDekho also provides customers with financial services — the ability to pay in installments — and insurance coverage on cars they purchase from the platform.

 

CarDekho works with almost all automobile makers in India, and contributes 30% of their annual sales. It also works with over 3,500 new auto dealers and over 4,000 used car dealers, traders and entrepreneurs.

 

CarDekho is backed by CapitalG, Ping An’s Global Voyager Fund, Hillhouse Capital Group, Sequoia Capital India, LeapFrog Investments, Canyon Partners, Mirae Asset, Franklin Templeton, HDFC Bank, and others. The company raised $250M in Series E round on Oct 12, 2021, includes a $200M in equity and $50M in Debt. This brings CarDekho's total funding to $497.5M to date. The latest round mints CarDekho a unicorn with a valuation of $1.2B post-money.

 

 

  • Year founded: 2005
  • Funding Info: $497.5M over 8 Rounds (Latest Funding Type: Series E)
  • Yearly Revenue: $100M (2020)
  • Employee Size: 1,001-5,000
  • Business Valuation: Valued at $1.2B as of Oct 12, 2021
  • City/Town: Jaipur
  • State: Rajasthan
  • Country: India
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