Girnar Software Raises $15M for Online Marketplaces
December 03, 2013
Girnar Software, provider of an automotive marketplace and a comparison shopping platform, has raised $15 million in Series A funding from Sequoia Capital, valuing the company at $50 million. With the fresh financing, Sequoia Capital principal Shailesh Lakhani will join the company's Board.
Girnar Software will use the funds to fuel expansion plans for CarDekho.com, the company's flagship portal, and to develop a mobile app to feature an array of dealer-focused tools and services. CarDekho.com lists over 25,000 used cars across several Indian cities and receives over 6 million total visitors every month.