Thursday
December 12
2024

CarDekho SEA Raises First-Ever Outside Funding, Co-founder Says He’s Interested in Acquisitions

BY Kate Park

CarDekho SEA, a Singapore-based auto financing service platform, has raised $60 million in equity, valuing the company at over $300 million, from Navis Capital Partners and Dragon Fund. This is its first round of external funding, following a previous investment of $40 million from its parent company, CarDekho Group.

Photo courtesy of Ivan Shemereko.

Source: TechCrunch (link opens in a new window)

Categories
Transportation
Tags
financial inclusion, lending