Cardekho generates revenue through lead conversion, advertisements, and direct sales of used autos, alongside facilitating automobile financing and insurance services via its portals and subsidiaries.
Financial Growth:
Strategic Move: Given substantial losses, the company opts to discontinue its used car business. Instead, it plans to introduce a new segment focusing on tractors under the brand name "Tractor Dekho" to explore fresh avenues for growth and profitability.
Mayank Gupta is a highly experienced and accomplished professional who has held significant roles in various companies such as CarDekho, Tata 1mg, Ecom Express Private Limited, and GE. With a background in accounting, tax, audit, and law, Mayank has worked in key positions such as Group CFO, Chief Financial Officer, Executive Vice President, and Regional Commercial Director. Mayank has also been actively involved as an angel investor in various tech-driven start-ups in different sectors. Mayank's extensive experience and expertise make him a valuable asset in the financial and business world.
Umang Kumar is the CEO of International Business and Co-Founder at CarDekho. Umang has also held the position of Co-Founder at Accentium Web, where they helped build and grow a portfolio of 6 websites. These websites include Gaadi.com, SecondShaadi.com, StudyNation.com, Taaza.com, SitaGita.com, and AdLift.com. Umang successfully sold Gaadi.com to the MIH India (Ibibo Group) and then went on to run the company. Umang is considered one of the best known SEO firms in India and has consistently ranked in the Top 5 firms of India.
Quantity
Invest
Min. Investment: ₹