CarDekho looks to raise fresh capital, hunts for acquisitions

Automobile portal CarDekho is planning to raise a new funding round in the next few months as it looks to accelerate growth, president Umang Kumar told VCCTV in an interaction. Kumar also said that the company, which is backed by marquee investors such as Sequoia Capital and Ratan Tata, is planning to acquire companies in several verticals to ramp up its businesses in auctions and advertisements. Watch the video to know the company’s game plan.

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