CARDEKHO
Sunny Leone buys the 'beast' Jeep Wrangler Rubicon. Check its India pricing, 4x4 capabilities, engine and other features
Sunny Leone has bought a white Jeep Wrangler Rubicon in Texas, calling it “mama’s beast” in an Instagram video. Known for its off-roading capabilities, the SUV features a 2.0-litre turbo-petrol engine, an eight-speed automatic gearbox and a four-wheel-drive system. What made her pick this vehicle and how much would it cost to buy one in India?
IMC 2026 to put DeepTech at centre of startup programme ASPIRE
India Mobile Congress 2026 will take place from October 7 to 10 at Yashobhoomi Convention Centre in New Delhi. The event will emphasise DeepTech and frontier technologies to support startups advancing from prototype to market. Over 500 startups and 300 venture capital firms are expected to participate, fostering connections through one-on-one meetings.
Amazon, Flipkart's multi-front war; India set for more GCCs
Happy Wednesday! Amazon and Flipkart have broadened their bets as quick commerce platforms chip away at their share of user base. This and more in today’s ETtech Morning Dispatch.
Carrum Mobility raises $10 million from Uber at Rs 1,505 crore valuation
Carrum Mobility has raised $10 million (around Rs 96 crore) from Uber, taking its post-money valuation to Rs 1,600 crore. The B2B fleet technology startup, which operates 5,100 vehicles across six cities, will use the funds to expand, strengthen its technology and scale Uber Black services.
CarDekho Group invests $10 million in edtech firm CollegeDekho
Founded in 2015, CollegeDekho operates an online platform that enables college discovery, course selection, entrance test preparation, and provides admissions support for students in India and overseas. The platform has partnerships with more than 2,000 universities and colleges.
CarDekho Group forays into UAE market
CarDekho Group has entered the UAE market, tying up with Raya Holdings to enhance the car-buying experience for consumers. CEO Amit Jain highlighted the alignment with UAE's 'Vision 2030' for sustainable transport. This expansion builds on CarDekho's presence in Southeast Asia under the OTO, Carmudi, and Zigwheels brands.
CarDekho SEA raises $60 million from Navis Capital, Dragon Fund
CarDekho's South Asia unit secured $60 million in funding, led by Navis Capital Partners and Dragon Fund. The investment will bolster its used vehicle financing operations in Indonesia and the Philippines, aiming to expand its market share and reach. The company has already disbursed over $1 billion in loans and achieved significant growth since its 2020 launch.
CarDekho Group eyeing 40% consolidated growth in FY25: Founder Amit Jain
CarDekho Group, led by CEO Amit Jain, eyes 40% growth in FY25 with profitable auto marketplace and IPO plans. Expansion in Southeast Asia and the Middle East, entrepreneurship culture, and holistic user offerings drive the Group's success.
CarDekho Group appoints Sharad Saxena as CEO for used-car business
Saxena, with over 16 years of experience in various global firms, has previously worked with McKinsey & Co India Office as a senior advisor, and as Chief Operating Officer (COO) at OYO Rooms for its flagship hotels franchise business in South Asia, CarDekho said. His other professional experience spans different marquee organisations such as ITC Limited, Max Healthcare, and Ranbaxy in various strategic capacities, it added.
CarDekho maps a South East Asia trip from Malaysia
Girnar-Software-owned CarDekho sells vehicles online in the National Capital Region, Mumbai and Bengaluru. It has businesses in Indonesia and Philippines as well.
CarDekho Group appoints Mayank Gupta as chief financial officer
Jain said, "2021 has been a remarkable year for CarDekho, as the company has entered the Unicorn Club... Mayank's proven track record of leadership, strategic thinking and financial acumen will benefit the company in the next phase of its growth."
Cardekho in talks to raise $150 million, may get unicorn status
Cardekho, which expects to close the ongoing funding round in the next couple of months, will use the resources to expand its e-commerce platform for used cars.
CarDekho to buy back Esops worth $3.5 million
CarDekho, owned and operated by the GirinarSoft Group, had repurchased Esops worth $2 million in April last year, benefiting 71 employees.
CarDekho raises $70 million to expand operations
Sequoia India is one of the early investors in CarDekho, having led the Series A round in 2013. With this new round of funding, CarDekho has now raised more than $250 million.
CarDekho’s revenue increases by 62% to Rs 260 crore
Girnar Sofware, which runs CarDekho, said that revenues earned from its used-car business and affiliate services such as insurance and financing achieved a 140% year-on-year growth.
CarDekho scouts for acquisitions in South East Asian markets like Thailand, Indonesia
CarDekho is making a start in this direction by scouting for acquisitions in the range of $1-5 million (about Rs 6-30 crore) in Southeast Asia to enter markets.
HDFC Bank picks up minority stake in CarDekho
Backed by Ratan Tata, CarDekho was valued at $300 million, or Rs 1,800 crore, in its latest financing round led by China's Hillhouse Capital.
Ratan Tata invests in auto classifieds portal CarDekho
CarDekho, now valued at $300 million, recently received $50 million in a fresh financing round led by China's Hillhouse Capital, which manages $14 billion in assets.
China's Hillhouse may lead $50 million investment funding in Cardekho
Girnar Software, which owns Cardekho, Bikedekho and Pricedekho, had received $15 million from Sequoia in Nov 2013, in its 1st round of funding.
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