# Cardekho

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cardekho

- Industry: Retail
- Headquarters: Jaipur, India
- Website: www.cardekho.com/
- Total disclosed funding: $475M
- Latest round: Series E (Oct 13, 2021)
- Investors on record: 21

## About

Based in Jaipur, India, and founded in 2008 by Amit Jain, Anurag Jain, Girnar Software Private Limited, d.b.a. CarDekho,operates as a provider of online car buying, selling, and financing solutions to individual consumers, dealerships, and financial institutions. In December 2024, Cardekho raised INR 5.1 billion in venture funding co-led by new investors Mars Growth Capital and Navis Capital Partners. 

The company provides a wide range of automotive marketplace services such as vehicle specifications, reviews, price comparisons, car videos, and images for various car brands and models in India. It offers tools like Feel the Car, which provides 360-degree car views with sound and feature explanations. Additionally, the platform supports used car classifieds, allowing users to list and purchase used cars from dealers and individuals. The company also provides tech-enabled tools for dealers, including lead management applications, digital marketing support, car tracker solutions, virtual online showrooms, sales performance tracking, and outsourced lead management. Additionally, the firm also provides services such as car insurance through InsuranceDekho.com and operates in Southeast Asia (Zigwheels.ph, Zigwheels.my, Oto.com) and the UAE (Zigwheels.ae).

The company plans to use its proceeds from December 2024 funding to enhance its used car and bike financing, refinancing, and classifieds operations in Indonesia, support expansion in the Philippines, and improve its ecosystem for distribution partners.

## Funding rounds

- Series E, Oct 13, 2021, $200M — Hong Shan, Mirae Asset Global Investments, Canyon Partners, LeapFrog Investments, Franklin Templeton, Advent Global Opportunities, Gaingels, Harbor Spring Capital
- Series D, Nov 26, 2019, $71M — Hong Shan, Hillhouse Investment, Advent Global Opportunities, Ping An Global Voyager Fund, SC GG India Mobility Holdings LLC, Lenarco Limited
- Series C, Aug 2, 2019, $19M — Hillhouse Investment, PT. Kreatif Media Karya, SC GG India Mobility Holdings LLC
- Series C, Jan 3, 2019, $25M — Hong Shan, HDFC Bank, Hillhouse Investment, Times Internet Limited, CapitalG, Aquila Capital Investmentgesellschaft, Dentsu, RNT Associates, Tybourne Capital Management
- Series C, Dec 21, 2018, $85M — Hillhouse Investment, CapitalG, SC GG India Mobility Holdings LLC
- Series B, Dec 20, 2018, $0.5M — Trifecta Capital
- Series B, Mar 12, 2018, $2.5M — Hong Shan
- Series B, Mar 28, 2016, $16M — Hillhouse Investment, CapitalG
- Series B, Jan 24, 2015, $45M — Hillhouse Investment, Aquila Capital Investmentgesellschaft, RNT Associates, Tybourne Capital Management
- Series A, Nov 25, 2013, $11M — Hong Shan

## Investors

- Hong Shan — Series A, Series B, Series C, Series D, Series E
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series B, Series C, Series D
- Aquila Capital Investmentgesellschaft (https://capitalatlas.ai/funds/aquila-capital-investmentgesellschaft) — Series B, Series C
- RNT Associates (https://capitalatlas.ai/funds/rnt-associates) — Series B, Series C
- Tybourne Capital Management (https://capitalatlas.ai/funds/tybourne-capital-management) — Series B, Series C
- CapitalG (https://capitalatlas.ai/funds/capitalg) — Series B, Series C
- Trifecta Capital (https://capitalatlas.ai/funds/trifecta-capital) — Series B
- SC GG India Mobility Holdings LLC — Series C, Series D
- HDFC Bank — Series C
- Times Internet Limited — Series C
- Dentsu — Series C
- PT. Kreatif Media Karya — Series C
- Advent Global Opportunities (https://capitalatlas.ai/funds/advent-global-opportunities) — Series D, Series E
- Ping An Global Voyager Fund (https://capitalatlas.ai/funds/ping-an-global-voyager-fund) — Series D
- Lenarco Limited — Series D
- Mirae Asset Global Investments (https://capitalatlas.ai/funds/mirae-asset-global-investments) — Series E
- Canyon Partners — Series E
- LeapFrog Investments (https://capitalatlas.ai/funds/leapfrog-investments) — Series E
- Franklin Templeton (https://capitalatlas.ai/funds/franklin-templeton) — Series E
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series E
- Harbor Spring Capital — Series E
