Jaipur based Girnar Software which owns CarDekho, BikeDekho and PriceDekho has raised $15 million in Series A funding from Sequoia Capital. As part of the deal, Sequoia Capital India Principal Shailesh Lakhani will be joining the company board. The company plans to use the investment raised for CarDekho's expansion plans. It also plans to launch a series of dealer focussed mobile tools & services in the forthcoming months. An improved mobile app is also in the works, which will allow users to instantly click photos, list their used cars, read reviews and connect with new and used dealers. This follows a Times Of India report from last week which had suggested that the company was planning to raise over $15 million from Sequoia Capital for a 20% stake. However, strangely it had also mentioned that the company was valued over $50 million following this investment round.…
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