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CarDekho launches CarBay in Thailand and Malaysia

Car portal CarDekho has launched CarBay, a portal which will provide information on cars in Malaysia and Thailand, reports Business Standard. The Thai site will also have a Thai language option. It will offer search by model, brand, price and let users choose between preowned and new cars. It also offers car comparison between 4 cars, upcoming cars, financing options and roadside assistance information. As of now, the portal claims to have 1,236 car dealers listed across 159 cities and 33 brands. The company said that it has developed CRM tools for dealers as well. CarDekho’s funding: In May this year, CarDekho raised an undisclosed amount of investment from HDFC Bank, a little over three months after raising Series B funding worth $50 million from Hillhouse Capital, Tybourne Capital, Sequoia and Ratan Tata. The partnership with HDFC Bank would also allow CarDekho’s users to buy a new or used car with possible financing from HDFC. Previously, the company had also raised $15 million from Sequoia Capital for a reported 20% stake in 2013. CarDekho’s TyreDekho and Indic language sites: In the same month, CarDekho launched a new platform called TyreDekho, which would provide users with tyre-related research tools, reviews and other content. This would include tyre listings for various cars and bikes sold in India, the information on tyre brands, products, features, pricing and dealers. CarDekho also launched 3 websites in Hindi, Tamil and Telugu languages. Instead of using the Google translate algorithm to translate into multiple languages, the company claimed…

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I'm a MediaNama alumna from 2015-16 (remember TinyOwl?) now back to cover e-services like food and grocery delivery, app based transport and policies, platforms and media in India.

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