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Cardekho Enters Unicorn Club With $250 Million Funding Led By Leapfrog Investments

Cardekho Enters Unicorn Club With $250 Million Funding Led By Leapfrog Investments

10/12/21, 5:33 PM
Money raised
$250 million
Girnar Software-owned automobile portal CarDekho has become the latest entrant to the unicorn club closing a $250 million round of funding led by Leapfrog Investments.

Company Info

Company
Car Dekho
Additional Info
The new round values CarDekho at $1.2 billion, breaching the benchmark for a startup to be called unicorn. CarDekho is targeting a double-digit market share in India’s pre-owned cars space over the next five years but faces stiff competition from rivals Cars24 and Spinny.