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.
Is Car Dekho profitable?
The 14-year-old startup said on Wednesday it has raised $250 million — $200 million in equity and $50 million in debt — in its Series E financing round. It said its financial services business is already profitable, while that of insurance has reached the “breakeven” point.
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.
What is CarWale franchise?
India’s largest auto media vehicle and online automobile classifieds firm, CarWale, has partnered with Classic Automotives, to open its first pre-owned car franchise in Bengaluru. Now a customer can seamlessly go from seeing a pre-owned car online to experiencing that car in all its glory in our showroom.
Is CarDekho a good company?
Great Team But Weak Management CarDekho.com is a nice place to work but only if you have good relations with senior management. Business is growing but there are plenty of wrong hiring.
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.
Is CarDekho a unicorn?
Recently, when GirnarSoft (better known as CarDekho) raised $235 million with a valuation of $1.2 billion, it became the first unicorn in Rajasthan.
What is wrong with CarTrade?
The major disappointing factor from CarTrade was that its IPO was 100 per cent offer-for-sale (OFS) therefore no money going into business for future expansion while high competition and low entry barriers are the other risk factors.
How much did CarWale sell for?
ET had earlier reported in September that CarWale will be acquired for around Rs 790 crore ($120 million).
What is car boot space?
It’s the volume of the trunk in liters. If one assumes that the trunk is a vessel and fills it with water, for example, the amount of water to completely fill it is it’s volume/space is liters. A simple conversion scale is: 1000 liters equals 1 meter cube.
Does Tata Safari Xe have sunroof?
The Tata Safari gets a panoramic sunroof. The SUV features a Floating Island 8.8-inch touchscreen infotainment system.
What is BHP in car?
BHP or brake horsepower is usually used as a more realistic measurement as it considers the power left over after the gearbox, alternator and water pump are working as well as any loss of power due to friction. PS or PferdStarke is the metric measure of horsepower. It is the equivalent of 98.6% of one HP.
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 is Anurag Jain?
Anurag Jain is a futurist, a consummate entrepreneur, philanthropist, and venture capitalist focused on charting a better course for humanity by pioneering solutions to the world’s most complex problems.
Is Carwale and Cardekho same?
Cardekho.com and car wale.com both are automotive sites in India but Carwale.com is most visited site in India.
Can we buy a car without EMI?
With this money, you can also have the option of buying a more expensive car! Just a little bit of forward thinking can help you not pay that monthly EMI on that car loan which will result in you spending Rs 1.8 lakh more, but will also help you save a cool Rs 1.2 lakh on your dream car purchase.
What is Unicorn Club?
About a week ago, an Indian startup founder quipped on Twitter that the definition of a ‘Unicorn’ as used in the venture capital industry should now change to $1 billion of funding raised. The term currently refers to a startup that reaches a valuation of $1 billion.
Who is Mehul Agarwal?
Mehul Agrawal has 2 current jobs as Co-Founder & COO at CARS24 and Co-Founder and COO at CARS24 Financial Services .
Is CARS24 is NBFC?
CARS24 is the first player in the pre-owned vehicle industry to procure a non-banking financial company (NBFC) license and launch consumer lending business with CARS24 Financial Services and two-wheeler segment BIKES24.
How many cities is Cars24?
Our Mission. Our mission is to revolutionise the way used cars are bought and sold across the world. With this in mind, we set up in 2015, and we’ve come a long way since then – from one single office, to 205 branches across 182 major cities in India. Over 4 Lakh happy customers have used our platform since.
Will car trade go up?
“While CarTrade trails peers in the used-car C2B/B2C opportunity, it leads the market in B2B and competition in new vehicles, especially in the research and discovery phase. We expect it to generate FY20-26 CAGR of 18 per cent on the top line and 31 per cent in Ebitda from these businesses.”