CarDekho

CarDekho

Online forum for car buyers to list old vehicles

Founded

2008

Headquarters

Jaipur (India)

Status

Series C

Company Details

Website

Socials

Email

Phone

+91 - 1416666663

CarDekho is India’s leading digital automotive solutions provider, revolutionizing how consumers buy, sell, finance, and insure vehicles. CarDekho has grown into a comprehensive auto-tech conglomerate. The company operates across India and has expanded internationally to Southeast Asia (Indonesia, Philippines, Malaysia) and the UAE.

Core Products and Services

  • New and Used Car Marketplace: A robust online platform for researching, comparing, buying, and selling new and pre-owned vehicles. Users can access detailed specs, expert reviews, price comparisons, and immersive features like 360-degree car views. Car Finance and Insurance: Integrated offerings for car loans and insurance through partnerships with financial institutions and the company’s own platforms (InsuranceDekho, Rupyy)

  • Dealer and OEM Solutions: Tech-enabled tools for car dealers and manufacturers, including lead management apps, cloud-based sales tracking, digital marketing, and virtual showrooms.

  • Value-Added Services: Car inspections, price valuation, instant offers, RC transfer, warranty, and roadside assistance for used cars.

  • Automotive Content and Research: Extensive content library with expert reviews, news, comparisons, and automotive videos via platforms like ZigWheels and PowerDrift.

  • B2B Car Auctions: Facilitates quick and competitive sales of used vehicles from individuals and businesses to dealers.

  • International Platforms: Operates Zigwheels and OTO.com in Southeast Asia and Carmudi in the Philippines.

Business Model & Revenue Streams

  • Commission on New and Used Car Sales: Earns commissions from dealers and OEMs for every car sold via the platform, both new and used.

  • Lead Generation Fees: Charges dealerships and manufacturers for connecting them with high-intent buyers.

  • Listing Fees and Premium Services: Sellers (individuals and dealers) pay fees for premium listings, car inspections, and enhanced visibility of their vehicles.

  • Advertising Revenue: Offers advertising space to automotive brands, dealers, and related businesses through sponsored listings, banners, and featured content.

  • FinTech Services (Loans and Insurance): Commissions and service fees from facilitating car loans and insurance policies through in-house platforms and partner institutions.

  • B2B Car Auctions: Charges fees for facilitating wholesale used car transactions between sellers and dealers.

  • Value-Added Services: Revenue from car inspections, price verification, RC transfer, warranties, and roadside assistance.

Customer Segmentation

  • B2C: Individual car buyers and sellers, both new and used.

  • B2B: Car dealerships, OEMs, financial institutions, and insurance providers.

  • Enterprise: Large-scale fleet operators, corporate clients, and auction partners.

Growth Strategy

  • Geographic Expansion: Scaling operations across India and internationally in Southeast Asia and the Middle East.

  • Diversification: Expanding into adjacent verticals—insurance, finance, mobility, and content.

  • Strategic Acquisitions: Acquiring complementary platforms to enhance service offerings and market reach (Gaadi.com, ZigWheels, PowerDrift, Revv).

  • Technology Investment: Investing in AI, machine learning, and digital tools to improve user experience and operational efficiency.

  • Customer Experience: Continuous innovation in digital features, immersive experiences, and post-sale support to build loyalty and trust.

Conclusion

CarDekho has established itself as the definitive digital automotive ecosystem in India and beyond, blending technology, trust, and transparency to serve millions of users and thousands of partners. Its diversified revenue streams, robust growth strategy, and relentless focus on customer experience and innovation position it as a leader in the automotive e-commerce space. For investors, researchers, and industry professionals, CarDekho represents a benchmark for scalable, tech-driven, and customer-centric business models in the global auto sector.

Key People

Amit Jain

Anurag Jain

Umang Kumar

Key Metrics

Total Equity Funding

$60 Million

No. of Funding Rounds

1

Latest Funding Round

$60.0 Million, Series C

as of December 11, 2024

Post Money Valuation

$1.2 Billion

as of October 13, 2021

Funding Multiple

20x

as of October 13, 2021

Investors

Navis Capital Partners

and 2 more

Employee Count

2489

Similar Companies

Hala Mobility

Exit Details

-

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
December 11, 2024Series C$60.0 Million--- Dragon Funds, Navis Capital Partners

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