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Contract Type
partnership
IndiaFinancial ServicesDescription
CarDekho SEA, a subsidiary of India's CarDekho Group, has secured $60 million in its first round of external funding from Navis Capital Partners and Dragon Fund. The investment values the company at over $300 million. The funds will be used for regional expansion, focusing on Indonesia and the Philippines, targeting the used car and bike financing markets. The company differentiates itself through technology-driven solutions, leveraging partnerships and AI to enhance credit assessment and reduce fraud.