CarDekho Group
Overview
CarDekho Group is an Indian technology company headquartered in Jaipur, Rajasthan, specializing in automotive e-commerce and related services. The company operates a suite of digital platforms, including CarDekho, BikeDekho, Gaadi.com, Zigwheels, PowerDrift, InsuranceDekho, Rupyy, and Revv, catering to various aspects of the automotive ecosystem such as vehicle sales, reviews, insurance, and financing. Additionally, CarDekho Group has expanded its presence to international markets, including Indonesia, the Philippines, and the United Arab Emirates, offering a comprehensive range of automotive services to a global audience. The company's investment strategy is characterized by a focus on early to late-stage investments across diverse sectors, including automotive, technology, fintech, insurtech, mobility, education, fleet management, shared mobility, e-commerce, media, content creation, digital marketing, data analytics, artificial intelligence, and machine learning. CarDekho Group has demonstrated a commitment to innovation and growth through strategic investments and acquisitions, such as the $10 million follow-on investment in CollegeDekho, an edtech platform, and the acquisition of Revv, a shared mobility startup. These initiatives reflect the company's dedication to enhancing its service offerings and expanding its market reach. Financially, CarDekho Group has shown significant growth, with a 54% year-on-year increase in net revenue, reaching ₹2,074 crore in FY24. The company achieved its first full-year standalone profitability during this period, reporting a profit of approximately ₹37 crore before exceptional items, marking a turnaround from a loss of ₹143 crore in FY23. This financial performance underscores CarDekho Group's robust business model and its ability to adapt and thrive in the competitive automotive technology sector.
Investment Focus
- Innovative automotive technology solutions
- Scalable business models
- Strong management teams
- Potential for market leadership
- Alignment with CarDekho Group's strategic objectives
Portfolio Companies
Reach CarDekho Group directly
Verified work email, phone and LinkedIn for the full team — one spreadsheet, one payment, yours to keep.
Unlock full contacts →Frequently asked questions about CarDekho Group
What sectors does CarDekho Group invest in?
CarDekho Group invests in Technology, Media, Automotive, Education, FinTech and E-commerce, and is based in Rajasthan, India. CarDekho Group is listed as a corporate vc in the ConnectSafely investor database.
What stage does CarDekho Group invest at?
CarDekho Group backs companies at Early Stage, Growth and Late Stage, writing cheques of 10M - 100M.
Which regions does CarDekho Group invest in?
CarDekho Group invests across India, United Arab Emirates, Indonesia and Philippines.
What companies has CarDekho Group invested in?
CarDekho Group's portfolio includes CollegeDekho, Revv and Carrum.
Last updated · Source: ConnectSafely investor database
