CarDekho Group Secures $60 Million in Funding to Accelerate Growth and Expansion

CarDekho Group, India’s premier digital automotive solutions provider, has announced a successful fundraising round, securing an impressive $60 million to further enhance its innovative services and expand its international footprint. Established in 2008 by enterprising brothers Amit and Anurag Jain, CarDekho has rapidly evolved into a cornerstone of the automotive landscape in India, achieving Unicorn status in 2021. This latest funding round will facilitate the expansion of its comprehensive platform that connects car buyers with Original Equipment Manufacturers (OEMs), dealers, and sellers, while also enhancing the customer experience through seamless financing and insurance solutions in collaboration with financial institutions. With a firm commitment to being the go-to destination for used car customers, the company proudly operates the CarDekho Mall in Jaipur, one of the largest used car showrooms in the country. As CarDekho continues to broaden its horizons, the funding will also support its growth into two Southeast Asian markets, Indonesia and the Philippines, where it operates as oto.com and carmudi.com.ph, respectively. The Group's diversified portfolio spans more than 30 countries globally, showcasing its dedication to providing auto and non-auto solutions that empower customers to make informed decisions. Guided by a strong ethos of Decisiveness, Empathy, Innovation, and Trustworthiness, CarDekho fosters a nurturing work environment that prioritizes talent and career development. This funding milestone signifies a pivotal moment in the company's journey, laying the groundwork for an even brighter future. For more information on CarDekho’s offerings, visit www.CarDekho.com.