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November 20, 2013

Deal Alert: Sequoia to invest $15-M for a 20% stake in Cardekho

Sequoia Capital India is investing over $15 million for a 20% stake in Jaipur-based consumer internet company Girnar Software, which owns internet portals Cardekho, Bikedekho and Pricedekho. Cardekho is focused on creating an experience for consumers buying a new or used car and focused on creating business value to dealers across India. It also facilitates car finance and insurance. Pricedekho and Bikedekho are newer offerings from the Girnar stable.

Source: Times of India

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