Featured Image : CarDekho | CarDekho launches its Android App, helping users to Buy & Sell cars on the GO!
Chariman emeritus of the $100 billion valued Tata group has invested in online auto portal, CarDekho, the amount being undisclosed. Mr. Ratan Tata, a highly regarded authority in the business industry, has made his fourth personal investment after counting on other e-commerce players Snapdeal, Urban Ladder and BlueStone. CarDekho, in a post on it's website said, [quote_box_center author="Mr. Amit Jain, CEO and Co-Founder, Girnar Software Pvt. Ltd."] Mr. Tata, a deeply revered man in the Indian Auto sector, has for the first time ever joined hands with an auto portal by investing in a personal capacity. While the investment amount remains undisclosed, Mr. Tata has agreed to advise the company as and when required. Such an investment by the man who has significantly shaped the Indian auto sector is a testimony to CarDekho’s plans in its quest to rapidly grow in the auto classifieds sector. We are extremely proud & excited to partner with a man of Mr. Tata’s stature, especially considering his contribution to the growth & development of the Indian automobile industry. Following our humble beginning as a small venture in Jaipur, CarDekho has had a very exciting journey to reach this point of recognition and we now have very aggressive plans for developing our business and boosting revenues in the future. Post our recent funding and investment by Mr. Tata, we are another step closer to the group’s vision of becoming a global company through our innovative products and services. With the faith and confidence shown by Mr. Tata in the company, it increases our responsibility towards contributing for the overall development of the online automobile sector. [/quote_box_center] CarDekho was founded in 2008 by Amit Jain and Anurag Jain as a venture by Girnar Software Pvt. Ltd. CarDekho is a portal which is used by aspiring car buyers, car sellers and auto fans for getting to know the current specs about the trending cars in the Indian market. In a nutshell, youu name a car and they already got it's specs covered. It is also the winner of the 'Best Automotive Website of 2009' and 'Best Car Website 2012' along with numerous other accolades and awards.