CarDekho SEA raised $60 million in its first external funding round led by Navis Capital Partners and Dragon Fund to enhance capabilities in used auto financing.
Dec 11, 2024•about 1 year ago
Amount Raised
$60 Million
IndiaFinancial ServicesInvestors
Dragon FundNavis Capital Partners
Description
CarDekho SEA, part of CarDekho Group, raised $60 million from Navis Capital Partners and Dragon Fund, marking its first external funding round. The funds will be used to expand into the used auto financing sector in Indonesia and the Philippines.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech