CarDekho parent names ex-Zomato CFO Hora finance chief

7 Dec, 2015

Jaipur-based Girnar Software Pvt Ltd, the company behind auto portal CarDekho and BikeDekho, has roped in Zomato's former finance head Umesh Hora as its chief financial officer (CFO).

In a media statement, Girnar Soft said Hora would lead the company's financial strategy besides developing its legal infrastructure.

"He (Hora) brings with him a wealth of multi-dimensional experience across different industries. His experience in dealing with acquisitions, fundraising and expansion to multiple countries can create tangible impact on our business," said Amit Jain, co-founder and CEO, Girnar Soft.

Hora, a chartered accountant by qualification, has about 15 years of work experience across various sectors. Prior to joining Girnar Soft, he was CFO at restaurant listings and food ordering firm Zomato. Before that, Hora founded Mind Café, a café where people meet over board games.

Girnar Soft, which was founded in 2007 by siblings Amit and Anurag Jain, owns CarDekho.com, Gaadi.com, Zigwheels.com, BikeDekho.com and TyreDekho.com. It had acquired Zigwheels.com for an undisclosed sum in September. In October, TIL (Times Internet Ltd) invested into Girnar Soft as part of the Zigwheels.com transaction.

Before that, Girnar Soft bought price comparison site BuyingIQ and Gaadi.com. The six portals collectively clock 30 million unique visitors every month, Girnar Soft claims.

The company also provides website and mobile application development, testing and software product development services.

Last week, Girnar Soft invested $1 million in ed-tech startup CollegeDekho.

About a year ago, Girnar Soft had raised $50 million (around Rs 307 crore then) from Chinese investment management firm Hillhouse Capital and Hong Kong-based hedge fund Tybourne Capital with participation from existing investor Sequoia Capital. The investment was done at a $300 million post-money valuation.