This past December, all of us missed something important. A funding event. A small company that has been around for a while, and one that has built its entire existence around automobiles, raised $110 million. Several investors participated. Sequoia, Hill House Capital, Google Capital and Axis Bank. The money that came in was no meagre sum. It represents a more than seven-fold increase from the company’s last significant fundraise—a comparatively tiny $15 million round in February 2016. With this latest round, the Jaipur-headquartered company has now raised $196.25 million, the second-highest amount in its industry.
If you haven’t already guessed, the company is CarDekho.