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CarDekho enters unicorn club with $250 Mn pre-IPO round

Shortpedia

Content Team
Image Credit: shortpedia

Delhi NCR-based automobile marketplace CarDekho’s parent CarDekho Group (also known as GirnarSoft) has raised $200 Mn in an equity Series E round and $50 Mn in debt led by Leapfrog Investments alongside Canyon Partners, Mirae Asset, Harbor Spring Capital and existing investors Sequoia Capital India and Sunley House. The round values the used 4W marketplace at $1.2 Bn, up from $725 Mn in December 2019.