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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.

PRIVATEDec 11, 2024

Amount Raised

$60 Million

Round Type

Funding Round

DelhiFinancial Services

Investors

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.

Quick answer

Cardekho raised $60 Million in a Funding Round round, dated December 11, 2024. Investors: Dragon Fund and Navis Capital Partners. Cardekho is based in Delhi, Delhi, India.

How much did Cardekho raise?
Cardekho raised $60 Million in a Funding Round round on December 11, 2024.
Who invested in Cardekho?
Dragon Fund and Navis Capital Partners are named as investors in this round.
What does Cardekho do?
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.
Where is Cardekho based and how big is it?
Cardekho is based in Delhi, Delhi, India.

Source: Fundz verified event record.

Who else raised in Financial Services around the same time

Companies in the same sectors as Cardekho that raised within 45 days of this round, from Fundz verified event records.

  • Foyer raised $6.2M (Seed) on January 25, 2025.
  • SignalPlus raised $11M (Series B) on January 24, 2025.
  • Breez raised $5M (Funding Round) on January 24, 2025.
  • Clutch raised $65M (Series B) on January 23, 2025.
  • Open Payments raised $3.1M (Seed) on January 23, 2025.
  • Weecover raised $4.4M (Seed) on January 23, 2025.

Who to call at Cardekho, and when

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  • An alert the day Cardekho raises, hires an executive or expands, scored against what you sell
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Company Information

Company

Cardekho

Location

Delhi, Delhi, India

About

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.

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Cardekho raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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