India's CarDekho drives into unicorn club after $250m Series E led by LeapFrog

India's CarDekho drives into unicorn club after $250m Series E led by LeapFrog

CarDekho founders Amit Jain (left) and Anurag Jain. Photo: Mint

Girnar Software Pvt. Ltd, which runs CarDekho, an online portal for new and used cars, has raised $250 million as a part of its latest Series E fundraising at a valuation of about $1.2 billion, making it the newest entrant to India’s growing list of unicorns, two people aware of the matter said on Tuesday.

The funding round was led by private investment firm LeapFrog Investments, with participation from South Korea’s Mirae Asset Group and existing investors, the people said, requesting anonymity.

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