cardekho

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 portal which would provide information on cars in Malaysia and Thailand. The Thai site would also have a Thai language option and offer search by model, brand, price and let users choose between preowned and new cars.

– In May, 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. In the same month, it launched 3 websites in Hindi, Tamil and Telugu languages.

– The company also raised an undisclosed amount of investment from HDFC Bank, about three months after raising Series B funding worth $50 million from Hillhouse Capital, Tybourne Capital, Sequoia and Ratan Tata.