Deal Roundup: Infra.Market, CarDekho, Shadowfax draw marquee investors; Accel bets bigger on India

Shashank Didmishe

The first week of December kicked off on a strong note for India’s technology startups with Flipkart-backer Accel raising ....

6 December, 2019

Chinese insurer Ping An leads $70 mn growth round in CarDekho

Binu Paul

CarDekho, the new and used cars marketplace owned by Jaipur-based Girnar Software, has raised $70 million in growth equity funding ....

5 December, 2019
ADVERTISEMENT

Droom’s FY19 losses widen to Rs 128 cr driven by increasing expenses

Binu Paul

Online marketplace for new and used vehicles Droom Technologies has widened its losses to Rs 128.55 crore for the financial year ....

2 December, 2019

CarDekho buys Rocket Internet-backed Carmudi to foray into Philippines

Binu Paul

CarDekho, the new and used cars marketplace owned by Jaipur-based Girnar Software, has forayed into Philippines with the acquisition ....

28 November, 2019

CarDekho bucks auto sector slowdown to grow H1 revenues 92%

Shashank Didmishe

CarDekho, the new and used cars marketplace owned by Jaipur-based Girnar Software, reported a 92% growth in revenues for the six ....

18 November, 2019

Deal Talk: CarDekho may raise $100 mn; Go-Jek backs social commerce startup Mall91

Shweta Sharma

TechCircle brings you a round-up of technology investment and M&A deals reported from across newsrooms. CarDekho New ....

14 October, 2019
ADVERTISEMENT

CarDekho Q1 revenue up 92% at $13 mn

Team TC

Jaipur-based automotive ecommerce platform CarDekho registered revenue growth of 92% in the first quarter of FY 2019-20 compared ....

6 August, 2019

CarDekho partners Rezo.ai for automated responses to customers

Shweta Sharma

New and used cars marketplace CarDekho, owned by Girnar Software Pvt. Ltd, said it has partnered artificial intelligence (AI) ....

1 July, 2019

CarDekho beefs up top deck with slew of hires

Om Athavale

Automotive solutions provider CarDekho Group has strengthened its top leadership with a number of fresh hires. The CarDekho ....

27 May, 2019

Girnarsoft, Man Capital invest $8 mn in ed-tech startup CollegeDekho

Binu Paul

Ed-tech startup CollegeDekho has raised $8 million (around Rs 56 crore at current exchange rate) in its Series B round of funding ....

8 May, 2019
ADVERTISEMENT

CarDekho’s parent exits FY19 with $53-mn revenue run rate

Vijayakumar Pitchiah

Jaipur-based Girnar Software Pvt. Ltd, which owns auto portal CarDekho.com, saw its revenues rise nearly 62.5% to $37.54 million ....

15 April, 2019

Used cars marketplace Cars24 seeks NBFC licence

Payal Ganguly

Online used cars marketplace Cars24 has applied to the Reserve Bank of India for a non-banking financial company (NBFC) licence ....

24 January, 2019

Used cars marketplace Truebil gets $14 mn to refuel growth

Binu Paul

Mumbai-based online marketplace for pre-owned cars Truebil has raised a fresh investment of Rs 100 core ($14 million at current ....

22 January, 2019

Revved up by $110 mn in funding, CarDekho accelerates shift towards used cars

Kavya Kothiyal & Anirban Ghoshal

Fattened with $110 million in funding last week, Jaipur-based Girnar Software Pvt. Ltd, which owns auto portal CarDekho.com, is ....

7 January, 2019

Exclusive: CarDekho closes Series C funding round

Anirban Ghoshal & Kavya Kothiyal

Jaipur-based Girnar Software Pvt Ltd, which owns auto portal CarDekho.com, has closed its Series C funding round, raised from ....

3 January, 2019

CarDekho parent Girnar Software to raise $100 mn from Sequoia: Report

Binu Paul

Girnar Software Pvt. Ltd, which owns auto portal CarDekho.com, is in the process of raising $100 million (around Rs 700 crore ....

5 December, 2018

CarDekho acqui-hires Carbiqi to foray into auctioning of used cars

Shweta Sharma

Automobile portal CarDekho has acqui-hired used cars platform Carbiqi to mark its foray into the auction model, according to a ....

26 November, 2018

CarDekho parent Girnar Software’s FY18 revenue jumps 40%, loss nearly halves

Dearton Thomas Hector

Jaipur-based Girnar Software Pvt. Ltd, which owns auto portal CarDekho.com, has recorded 40% growth in revenue and a narrower ....

9 October, 2018

CarDekho parent buys YouTube automotive content channel PowerDrift

Binu Paul

Jaipur-based Girnar Software Pvt. Ltd, which owns auto portals CarDekho.com, BikeDekho.com and Gaadi.com, has acquired automotive ....

16 August, 2018

Are used cars playing second fiddle on online auto classifieds platforms?

Anand J & Binu Paul & Dearton Thomas Hector

Earlier on, online auto classifieds firms specialising in used cars felt they could function a bit like driving schools. They ....

29 June, 2018

How auto classifieds firm CarWale is driving the growth of parent CarTrade

Anand J

Online auto classifieds firm CarTrade slammed the brakes on spending in the financial year 2016-17 even as in-house portal CarWale, ....

5 June, 2018