CarDekho Raises $70 Million Series D Funding
New Delhi, Dec. 5, 2019-- India's leading automobile selling platform CarDekho raises $70 million Series D in funding from China-based Ping An Insurance Group, Sequoia Capital and Hillhouse Capital.
This is Ping An's first venture investment in India through its Ping An Global Voyager Fund.
CarDekho Group, founded in 2008, is one of India's leading autotech companies. It has successfully digitized the auto ecosystem in India and is aggressively pursuing the vision to own the personal mobility space by helping customers across their entire car buying and ownership journey.
CarDekho Group currently has operations in India, Indonesia, and Philippines and operates leading Indian auto sites such as CarDekho.com, Gaadi.com, ZigWheels.com, BikeDekho.com, InsuranceDekho.com, and PowerD...