CarDekho raises $110 million to expand used car business

Date posted: Friday 4 January 2019

CarDekho, the flagship portal of GirnarSoft, has raised $110 million (Rs.770 crore) from various investors which it plans to utilize to expand its various business verticals. The company has raised the capital in a Series C funding with investments from Sequoia India, Hillhouse, CapitalG (Alphabet growth investment arm) and Axis Bank. With this latest round of funding, the company has so far raised a total of $185 million.

(Economic Times)