Cardekho

CarTrade’s $1.2-billion CarDekho acquisition talks come unstuck

In a regulatory filing, CarTrade said the two companies have mutually decided not to move ahead with the proposed acquisition, ending months of discussions around one of the auto-tech sector’s biggest consolidation bets

CarTrade set to acquire CarDekho in deal valued at over $1.2 billion

If completed, the merger will create one of India’s largest auto-tech platforms spanning car discovery, financing, insurance, and resale

IPO pipeline worth $1 billion builds for India used-car startups

Three Unicorn startups — CARS24 Services Pvt., CarDekho and Spinny — that buy and sell pre-owned vehicles are in early talks with bankers to assess investor appetite

Used car marketplace Cars24 forays into new car market with new aggregator platform

‘New Cars’ has been rolled out as an online-only offering on the company’s website, where the platform will act as an aggregator for various auto OEMs to list their cars. This includes detailed video walkthroughs, on-road pricing details, test drive services, and financing options.

IPO-bound CarDekho’s fintech arm Rupyy looks to disburse Rs 900-1,200 cr in used commercial vehicle financing in FY25

Started in April 2024, Rupyy’s used commercial vehicle lending business has already disbursed Rs 300 crore in loans. The fintech also plans to foray into SME and MSME loans in the next two-five years.

CarDekho, co-promoted by Shark Tank India’s Amit Jain, in talks to appoint i-banks for up to Rs 4,000-cr IPO

CarDekho will be the second auto classifieds portal to go public in India after CarTrade.com's parent company, which went public in August 2021.

IPO-bound CarDekho’s fintech arm Rupyy to enter into personal-loan segment

To begin with, Rupyy will give loans of less than Rs 40,000 and move to Rs 2 lakh and above in near future, co-founder and CEO Namit Jain has said