Today, CarWale acts as a sales and marketing partner for car manufacturers (it gets paid by the manufacturer for this). A bulk of its revenue comes from brokering new car sales (bringing in a car customer to a dealer) and offering marketing services to car manufacturers.
How much is CarDekho worth?
The investment values CarDekho at $400-500 million, the company said in an email response. CarDekho, owned by Girnar Software Pvt.
Is CarDekho profitable?
CarDekho also provides customers with financial services — the ability to pay in installments — and insurance coverage on cars they purchase from the platform. It said its financial services business is already profitable, while that of insurance has reached the “breakeven” point.
What is the business model of CarDekho?
CarDekho – Business Model and Revenue Model Cardekho serves as a knowledge-based ecommerce website for car enthusiasts along with being an ecommerce platform for used cars.
How does CarTrade earn money?
CarTrade earns 70% of its revenue out of the new car segment through advertising and charges subscription fee from dealers – Rs 6,000 to 40,000 per month from used car dealers and Rs 10,000 to 2 lakh per month from new car dealers.
Is CarDekho a good company?
Work Culture of CarDekho is very good with lot of fun activities and recreational things such as games and books are also there. Management of CarDekho is very caring of its employees and regular feedback was taken from employees to improve further efficiency and happiness of people working in the organization.
Which is better CARS24 or CarDekho?
CARS24.com employees rated their CEO Approval 5% higher than CarDekho employees rated theirs. CARS24.com employees rated their % Recommend to a friend 3% higher than CarDekho employees rated theirs. CARS24.com employees rated their Positive Business Outlook 3% higher than CarDekho employees rated theirs.
Which is better CarWale or CarDekho?
CarWale scored higher in 1 area: Culture & Values. CarDekho scored higher in 7 areas: Overall Rating, Career Opportunities, Compensation & Benefits, Work-life balance, Senior Management, % Recommend to a friend and Positive Business Outlook.
What is the net worth of cars 24?
Cars24 has raised a funding of $450 million from marquee investors of the startup ecosystem. It is reportedly valued at $1.75 billion, followed by Droom with a $1.2 billion valuation.
Is CarDekho a unicorn?
With the latest fundraising, CarDekho joins the unicorn club with a valuation of $1.2bn and becomes the first unicorn based in Jaipur, Rajasthan. CarDekho currently buys cars from customers in more than 100 markets and has a catalogue of 3,000+ certified pre-owned cars for online purchase.
What is CARS24 business model?
CARS24 works on a customer to business model wherein, after we buy your car, we sell it to one of our channel partners across India. Our channel partners further sell it to an end user.
What is CarWale com?
CarWale is a company which provides consumer-focused services that include content and tools for research, pricing, and marketplace information. The Company offers a platform where car buyers and owners can research, buy, sell and discuss cars.
What is wrong with CarTrade?
Shares of CarTrade Tech hit a new low of Rs 881, down 1 per cent on the BSE in Tuesday’ intra-day trade in an otherwise firm market. The stock has now fallen as much as 46 per cent from its issue price of Rs 1,618 per share. It hit a high of Rs 1,610 on listing day, failing even to touch its issue price.
Who is Amit Jain Emaar?
Amit Jain held the position of group CEO of Dubai’s Emaar Properties right until the company took the step of removing all job titles in July. Jain took on the group CEO role at Dubai’s biggest developer in June 2017 and oversees its strategy and overall management, reporting directly to the chairman and board.
Who owns CarTrade?
CarTrade.com is promoted by its founder and CEO, Vinay Sanghi, who is the former CEO of Mahindra First Choice. Rajan Mehra, an Ex-MD at Nirvana Venture Advisors and former country Head of eBay India is also a founder-director in CarTrade.
Is CarDekho reliable to sell cars?
While there are reliable sites such as CarDekho for finding reliable used cars at good prices, a lot of people visit other websites as well to find certain kinds of deals which leaves them open to risk. Like with many things on the internet today, you need to be wary of misrepresentation.