GirnarSoft, the parent company of CarDekho, BikeDekho, Gaadi, Zigwheels, BuyingIQ and Drishya360s, plans to launch multiple automobile verticals including ones for batteries, light commercial vehicles, insurance and hyperlocal roadside assistance services in the next 3-4 months reports VCCircle. We’ve written to the company for more details and will update this once we hear from them. The report also mentions that GirnarSoft’s new and old products will transition from being content platforms to ecommerce platforms. The company also plans to expand to the Middle East and African regions, and will also take its new platforms there. Acquisitions: - Last month, GirnarSoft acqui-hired Drishya360s, an augmented reality and video production startup in a cash and stock deal, for an undisclosed amount. The company planned to build an interactive virtual reality technology and AR for CarDekho, Gaadi and BikeDekho among others. - In September, CarDekho acquired Times Internet* owned auto portal Zigwheels for an undisclosed amount, to enhance its content. Zigwheels would operate as an independent entity under the group. In the same month in 2014, it acquired Gaadi. - In April, the company acquired price comparison website BuyingIQ for the team and their technology. Other developments: - Last month, GirnarSoft invested $1 million in Gurgaon based CollegeDekho, an online platform which lists college across streams in the country and offers test preparation material, for development of the platform, building its team and marketing. GirnarSoft hinted that it would invest more in the platform in the future. - In July, CarDekho launched CarBay, a…
