Online car classifieds portal CarDekho is looking to buy price comparison website BuyingIQ, reports the Economic Times. Girnarsoft, which operates CarDekho, PriceDekho and BikeDekho, told the publication that they bought BuyingIQ for the team and their technology. "In the age of big data, innovation for developing customer-driven solutions comes from analytics. There are also synergies between BuyingIQ and our site PriceDekho," Amit Jain, CEO and co-founder of GirnarSoft told the publication. BuyingIQ will run independently post the buyout with its entire team being brought on board GirnarSoft. This is the second acquisition of the Jaipur-based company and Earlier in September 2014, CarDekho bought Ibibo’s automobile website Gaadi.com for a reported $11 million. Started two years ago by Piyush Taneja and Saumitra Purohit, alumni of IIT Delhi and BITS Pilani respectively, BuyingIQ began as an online price comparison portal for electronics. The site started taking a more…
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