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CarDekho $250m fundraise

Numis is delighted to have advised CarDekho on its $250m fundraise at a $1.2bn valuation.

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India’s leading auto platform will further accelerate its growth in used car transactions and financial services.

CarDekho joins the unicorn club

 CarDekho's $250m fundraise at $1.2b post-money valuation was led by Leapfrog Investments, with additional new investors including Canyon Partners, Mirae Asset and Franklin Templeton. Existing investors, including Sequoia Capital and Sunley House, have doubled down on CarDekho reflecting their confidence in the Company.
 

Accelerating CarDekho’s expansion

 Proceeds will be used to accelerate CarDekho’s growth in used car transactions and financial services, extend the Company’s product and technology leadership, increase brand awareness and expand into new markets.

Leading the digital auto ecosystem...

CarDekho is the pioneer in digitising India’s auto ecosystem. By connecting car buyers, sellers, dealers, original equipment manufacturers and financial institutions, CarDekho facilitates a seamless experience for buyers and sellers.
 

... in India and beyond

 CarDekho’s leadership spans India, Indonesia and the Philippines. The Company’s new capital will power further geographic expansion and the goal of offering used car buyers choice from over 10,000 certified, pre-owned vehicles.
 

“Numis has been a great partner in achieving this milestone. The Numis team went that extra mile to deliver a fantastic result and enable us to focus on building the business meanwhile. We loved working together and look forward to continued partnership as we move towards our next milestone.”

Amit Jain CEO & Co-Founder, CarDekho

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