CarDekho, co-promoted by Amit Jain, aims for a Rs 3,000-4,000 crore IPO, engaging with top investment banks to go public next year.
Set to become India’s second auto classifieds IPO, CarDekho’s listing follows CarTrade’s, marking growth in the automotive tech sector.
The IPO will include fresh capital for expansion and allow early investors, like Google Capital, to partially exit, showcasing trust in CarDekho’s growth.
CarDekho’s presence now extends to UAE, Philippines, and Indonesia with platforms like Zigwheels and Oto, enhancing its global footprint.
Offering tech solutions to dealers and entering the insurance sector with InsuranceDekho, CarDekho’s growth is multifaceted and innovative.