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CarDekho

CarDekho SEA raises $60 million from Navis Capital, Dragon Fund

CarDekho SEA raises $60 million from Navis Capital, Dragon Fund

Wed, Dec 11, 2024

In Indonesia, CarDekho SEA commands a 3 per cent share of the used auto finance market and collaborates with more than 40 financial institutions, the statement said.

CarDekho Group posts Rs 340 crore consolidated loss in FY24

CarDekho Group posts Rs 340 crore consolidated loss in FY24

Fri, Nov 29, 2024

According to CarDekho Group, the reason for the increase in income is the excellent performance of the insurance unit InsuranceDekho and the fintech platform Rupyy. InsuranceDekho has received a premium of Rs 3,300 crore in FY24. InsuranceDekho focuses on tier 2 and rural cities. The company has a large network of 1.5 lakh agents, which are present in more than 1,500 cities.

CarDekho Group introduces TractorsDekho for farming community

CarDekho Group introduces TractorsDekho for farming community

Wed, May 08, 2024

"Recognising the critical role tractors play for farmers and their struggle with limited information, we are now intervening to simplify their research for a tractor by identifying the right choice for them," said Mayank Jain, CEO, New Auto, CarDekho Group.

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CarDekho Group eyeing 40% consolidated growth in FY25: Founder Amit Jain

CarDekho Group eyeing 40% consolidated growth in FY25: Founder Amit Jain

Thu, Mar 28, 2024

The acquisitions could be small or large, but will have to be value-additive to the Group, he said.In a strategic move, CarDekho Group in December 2023 announced its foray into the shared mobility ecosystem through the merger with Revv.

CarDekho to infuse $100 mn in its fintech subsidiary Rupyy

CarDekho to infuse $100 mn in its fintech subsidiary Rupyy

Mon, Nov 07, 2022

Rupyy crossed Rs 500 crore of monthly disbursal volume of car loans in September. The brand plans to hit Rs 10,000 crore annualised disbursals by March 2023.

CarDekho Group appoints Sharad Saxena as CEO for used-car biz

CarDekho Group appoints Sharad Saxena as CEO for used-car biz

Tue, Apr 12, 2022

Auto-tech company CarDekho Group on Tuesday said it has appointed Sharad Saxena as its CEO for the used car business.

Online used car sales to reach 8.3 million units by 2026: Report

Online used car sales to reach 8.3 million units by 2026: Report

Mon, Dec 27, 2021

India saw three online used car platforms -- Droom, CarDekho and Spinny -- becoming unicorns (market cap of over $1 billion) in 2021 and riding the digital wave, the used car sales are expected to grow to 8.3 million units (at a healthy CAGR of 11 per cent) by 2026, a new report showed on Monday.

CarDekho opens its first car refurbishment centre at Gurugram; plans to set up 20 such facilities

CarDekho opens its first car refurbishment centre at Gurugram; plans to set up 20 such facilities

Thu, Dec 02, 2021

Car trading platform CarDekho on Wednesday announced the opening of its first-ever used car mega refurbishment centre at Gurugram (Haryana) and said it plans to set up 20 such facilities in the country in near future.

CarDekho opens its first car refurbishment centre at Gurugram, plans to set up 20 such facilities

CarDekho opens its first car refurbishment centre at Gurugram, plans to set up 20 such facilities

Wed, Dec 01, 2021

Car trading platform CarDekho on Wednesday announced the opening of its first-ever used car mega refurbishment centre at Gurugram (Haryana) and said it plans to set up 20 such facilities in the country in near future.

CarDekho launches vehicle shopping mall in Jaipur

CarDekho launches vehicle shopping mall in Jaipur

Mon, Oct 25, 2021

CarDekho has launched a first-of-its-kind vehicle shopping mall in Jaipur, which will serve as a one-stop-shop for all used car requirements.

$250mn pre-IPO funding: Largest ever fundraise for CarDekho, reaches Unicorn status with $1.2bn valuation

$250mn pre-IPO funding: Largest ever fundraise for CarDekho, reaches Unicorn status with $1.2bn valuation

Wed, Oct 13, 2021

With the latest fundraising, CarDekho joins the unicorn club with a valuation of $1.2bn and becomes the first unicorn based in Jaipur, Rajasthan, as per a company statement.

CarDekho raises USD 250 mn to accelerate growth

CarDekho raises USD 250 mn to accelerate growth

Wed, Oct 13, 2021

CarDekho has raised USD 250 million (around Rs 1,881 crore) at a valuation of USD 1.2 billion.

CarDekho Group to hire over 2,000 in current FY; campus hiring too on the cards

CarDekho Group to hire over 2,000 in current FY; campus hiring too on the cards

Fri, Jul 12, 2019

CarDekho is also going to start campus hiring in various colleges in 2020 for various tech and non-tech roles and grooming and nourishing untapped talent within the organization.

Autotech major CarDekho to buy back shares worth Rs 17.5 cr under Girnar group ESOP re-purchase plan, 2019

Autotech major CarDekho to buy back shares worth Rs 17.5 cr under Girnar group ESOP re-purchase plan, 2019

Tue, Apr 30, 2019

CarDekho has announced that it will buy back shares worth Rs 17.5 crore under Girnar group ESOP re-purchase plan, 2019. The company has circulated the offer letter to 71 eligible employees for participating in the repurchase plan.

Planning to buy 2nd hand car? 5 platforms for buying used vehicles

Planning to buy 2nd hand car? 5 platforms for buying used vehicles

Thu, Apr 25, 2019

Due to rise in new car prices, surged taxes, increase in fuel rates, higher depreciation, etc, buyers are shifting towards a second hand or used car options. And, guess what! It is not a bad move.

Flipkart and others to be blacklisted from IITs?

Flipkart and others to be blacklisted from IITs?

Sat, Jun 04, 2016

The committee decided in the meeting that the companies will face boycott if they failed to stick to their earlier commitments.

Flipkart Effect: Management, tech grads may prefer joining safer companies

Flipkart Effect: Management, tech grads may prefer joining safer companies

Sun, May 29, 2016

Reports suggest Flipkart is not the only company from e-commerce and related sectors to have deferred the joining dates for their campus hires and there are many others including InMobi, CarDekho and Hopscotch.

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