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Cardekho In Talks To Raise $150 Million, May Get Unicorn Status

Cardekho In Talks To Raise $150 Million, May Get Unicorn Status

06/10/21, 3:37 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IN.svgdelhi
New Delhi: Girnar Software-owned auto portal Cardekho is in talks with investors to raise a minimum of $150 million (about Rs 1,000 crore), in its largest fundraising exercise yet that could take it to the unicorn club.

Company Info

Company
Cardekho
Location
delhi, delhi, india
Additional Info
Cardekho, which expects to close the ongoing funding round in the next couple of months, will use the resources to expand its recently launched e-commerce platform for retailing used cars. The new round is expected to value Cardekho at more than a billion dollars, the benchmark for a startup to be called unicorn. Girnar Software-owned auto portal Cardekho is in talks with investors to raise a minimum of $150 million (about Rs 1,000 crore), in its largest fundraising exercise yet that could take it to the unicorn club.