Auto Portal Car Dekho Raises $70 Million In A Fresh Round Of Funding
Car Dekho works with eight car and motorcycle manufacturers directly which accounts for about 15-30 percent of their annual sales. It also has tie-ups with 50,000 car dealership in India. The funding round values Car Dekho to be around $400-$500 Million, and the company plans to use the funds to push insurance and financial businesses for used cars.
Car Dekho Co-founder Amit Jain reported to the Economic Times, “With the latest fundraise, we will continue to strengthen our domestic and international businesses and will aggressively work towards becoming the largest personal mobility ecosystem in the country"