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§ Venture Capital · Gurgaon, Haryana, India
Autotech platform for vehicle buyers and sellers, offering online marketplaces, comparisons, and financing for new and pre-owned cars in India.
CarDekho is a Jaipur, India-based autotech platform and digital marketplace that facilitates the buying, selling, and financing of both new and pre-owned vehicles across India and Southeast Asia. The company operates multiple automotive portals that attract 50 million monthly unique visitors and maintain an audience of over 3 million YouTube subscribers. Operating with a global workforce of more than 1,000 employees, the enterprise achieved unicorn status in 2021 with a valuation exceeding $1 billion. The venture is backed by a syndicate of prominent institutional and individual investors, including Sequoia Capital, SoftBank, and Ratan Tata. To consolidate its market position, the firm has expanded into financial services through its Rupyy and InsuranceDekho platforms while acquiring regional automotive competitors like Gaadi.com and Zigwheels. CarDekho was founded in 2008 by co-founders Amit Jain and Anurag Jain.
CarDekho has raised $495.0M across 5 funding rounds.
Key people at CarDekho.
CarDekho was founded in 2008 by Umang Kumar (Co-Founder & President) and Umesh Hora (Co-Founder & President).
CarDekho has raised $495.0M in total across 5 funding rounds.
Key people at CarDekho.
CarDekho was founded in 2008 by Umang Kumar (Co-Founder & President) and Umesh Hora (Co-Founder & President).
CarDekho has raised $495.0M in total across 5 funding rounds.
CarDekho's investors include LeapFrog Investments, Canyon Partners, Franklin Templeton, Harbor Spring Capital, Mirae Asset, Peak XV Partners (Sequoia Capital India), Sunley House Capital, Ping An, Hillhouse Capital, Sequoia Capital, CapitalG, Hillhouse Capital Group.
CarDekho has raised $495.0M across 5 funding rounds. Most recently, it raised $250.0M Debt / Series E in October 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 12, 2021 | $250M Debt Financing | LeapFrog Investments | Canyon Partners, Franklin Templeton, Harbor Spring Capital, Mirae Asset, Peak XV Partners (Sequoia Capital India), Sunley House Capital | Announced |
| Jan 3, 2020 | $70M Series D | Ping AN | Hillhouse Capital, Sequoia Capital | Announced |
| Jan 3, 2019 | $110M Series C | CapitalG, Hillhouse Capital Group, Shailesh Lakhani | Ratan Tata, Axis Bank, Dentsu, HDFC Bank, Times Internet | Announced |
| Jan 29, 2015 | $50M Venture Round | — | Ratan Tata, David Rhee, Sequoia Capital, Eashwar Krishnan | Announced |
| Nov 27, 2013 | $15M Series A | Shailesh Lakhani | — | Announced |