Cardekho has become one of the Most Trusted Brands when it comes to buying a new, Re-used car or selling a car. Strive not to be a success, but rather to be of value. The famous quote by Albert Einstein showcases the Success Journey of Amit Jain who is the co-founder of Car Dekho which is today one of the largest online car-buying platforms in India because he has not only.
Cardekho History
CarDekho is an online platform that helps users buy and sell cars, and provides information about cars. It was founded in 2008 by brothers Amit and Anurag Jain.
Founding
- Amit and Anurag Jain started Car Dekho in 2008.
- The brothers were inspired to start the company after visiting an Auto Expo in Delhi.
- They launched the website cardekho.com within six months.
Growth
- It became India’s largest automobile website in terms of traffic within two years.
- In 2013, Car Dekho received its first funding from Sequoia Capital.
- Car Dekho has expanded its business ventures that it also included other auto portals, like ZigWheels.com, Gaadi.com, BikeDekho.com, and PowerDrift.com.
Cardekho Overview
Car Dekho, headquartered in Jaipur, was founded in 2008 and has footprints in India, Indonesia, Malaysia and the Philippines. Currently Car Dekho operates various leading Online Indian auto websites like Gaadi.com, ZigWheels.com, BikeDekho.com, CarDekho.com, PowerDrift.com and more. Its CarDekhostores serve as an ultimate destination for customers to sell their used cars and whereas Car Dekho Gaadi Trust Mark Stores serve as the one-stop destination for customers to buy second hand cars. In India it is recognised as the largest automotive video content player with 1.7 million YouTube subscribers and the largest digital consumer-facing platform with 50 million monthly visitors making it the largest auto social media platform. Amit Jain after appearing in the Business reality Show Shark Tank India, gained more popularity for himself as well as Car dekho.
| Name | Cardekho |
| Founding date | 2008 |
| Founder | Amit Jain & Anurag Jain |
| Headquarter | Jaipur, Rajasthan |
| Parent Company | Girnar Software |
| Products | Cars, Cars Equipments |
| IPO | To be updated Soon |
Cardekho Owner
Cardekho was founded by Amit Jain who currently serves as the Chief Executive Officer (CEO) and Co-founder of Girnar Soft which is an IT externalizing company and the Parent Company, that launched Car Dekho in 2008. Amit was born on November 12th, 1976 in Jaipur, Rajasthan. He completed his basic studies in Jaipur and then got enrolled in IIT, Delhi.
Core Member of Car dekho
| Amit Jain | CEO & Co- Founder |
| Anurag Jain | CEO & Co- Founder |
| Umang Kumar | CEO & International Business and Co-founder |
| Mayank Gupta | Chief Finance Officer |
| Manish Wadhwa | Chief People Officer |
Car Dekho Vision
CarDekho’s vision is to create an ecosystem that gives consumers easy access to buying, selling, and managing their cars. CarDekho’s mission is to be a leading provider of digital automotive solutions.
Vision
- Create an ecosystem for consumers, car manufacturers, dealers, and related businesses
- Provide consumers with easy access to buying and selling cars
- Provide consumers with easy access to managing their entire ownership experience
- Become the largest personal mobility player
Mission
- Be a leading digital automotive solutions provider
- Enablecar dealers to get consumer leads
- Improve the quality of leads for car dealers
- Provide a platform for car dealers to manage their automobile inventory
- Help car dealers to sell more cars
Categories of Cars on Car dekho
- Electric Cars
- Popular Cars
- Upcoming Cars
- New Launches
- Car Insurance
- Popular Brands
Services Provided By Car dekho
- Compare Cars
- New Cars Offers & Discounts
- Finding Car Dealers
- Finding EV Charging Stations
- Finding Fuel Stations
- Checking Fuel Prices
- Purchasing Used Car
- Selling Used Cars
- Providing News and Honest Reviews
Cardekho Shareholders
- Amit and Anurag Jain: The co-founders of Car Dekho, Amit Jain is the CEO and Anurag Jain is the managing director.
- Peak XV (Sequoia India): Owns 34% of Car Dekho
- Hillhouse Capital: Owns 9% of Car Dekho
- Leapfrog: Owns 7% of Car Dekho
- Ratan Tata: A minority shareholder who invested in Car Dekho in 2015
- HDFC Bank and ICICI Bank: Collectively own less than 1% of Car Dekho
- Times Internet: Acquired a stake through the sale of Zigwheels
- Navis Capital Partners: An institutional investor
- Dragon Funds: An institutional investor
- RNT Associates: An institutional investor
Cardekho Investors
- Google Capital: An investor in Car Dekho
- Tybourne Capital: An investor in Car Dekho
- Hillhouse Capital: An investor in Car Dekho
- Sequoia Capital: An investor in Car Dekho
- HDFC Bank: An investor in Car Dekho
- Ratan Tata: An investor in Car Dekho
- Times Internet: An investor in Car Dekho
- LeapFrog Investments: An investor in Car Dekho
- Harbor Spring Capital: An investor in Car Dekho
- Canyon Partners: An investor in Car Dekho
- Mirae Asset: An investor in Car Dekho
- Sunley House Capital Management: An investor in Car Dekho
- Navis Capital Partners: An investor in Car Dekho
- Dragon Funds: An investor in Car Dekho
- RNT Associates: An investor in Car Dekho
- CapitalG: An investor in Car Dekho
Cardekho Net Worth
It is well established business has accumulated a good amount of wealth and is currently having an estimated net revenue for the fiscal year 2024 was ₹2,074 crore, which is a 54% increase from the previous year. This was the first time the company made a profit in a full year, turning around from a loss of ₹143 crore in Fiscal Year 2023.
Cardekho Valuation
Car Dekho Group’s net revenue for the fiscal year 2024 was ₹2,074 crore, which is a 54% increase from the previous year. This was the first time the company made a profit in a full year, turning around from a loss of ₹143 crore in Fiscal Year 2023.
The Meteoric Rise in Car Dekho Valuation
CarDekho’s valuation increased to 1.3 Crores 2021 after raising an amount of 216 crore in Series E funding. This led Car Dekho to be a unicorn startup in India.
Awards and Achievements of Car Dekho
- Best Car Website of the Year: Car Dekho won this award in 2012
- Most Popular Website of the Year: Car Dekho won this award in 2011 and 2012
- Best Automotive Website of the Year: Car Dekho won this award in 2009
- Website of the Year India: Car Dekho won this award in 2011 and 2012
- Website of the Year India 2016: Car Dekho won this award
- Golden Cart Award: Car Dekho won gold and its sister company Gaadi.com won bronze at the first ever Golden Chart Awards
Car dekho Social Media
It has also its accounts on social media. It has more than 1.5 million followers on its social media Profiles.
- It has an Instagram account with the name ‘@cardekhoindia’ with more than 4.9 lakhs Followers.
- It also has accounts on Facebook and Twitter with the names ‘CarDekho’ and ‘@CarDekho’ with 13 lakh and 47,100 followers respectively.
| Social media | Followers/ Subscribers | Link |
|---|---|---|
| 4.9 lakhs | https://www.instagram.com/cardekhoindia/?hl=en | |
| 1.3 million | https://www.facebook.com/CarDekho/ | |
| 47,100 | https://x.com/CarDekho?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor |
