India: Sequoia-backed CarDekho to hire 2,000 employees this fiscal

Photo: Reuters

Armed with funds, online auto classifieds portal CarDekho on Monday announced that it plans to hire over 2,000 employees across various divisions in the current financial year.

At present, the company has a workforce of more than 2800+ professionals.

As part of the recruitment drive, CarDekho group will add positions in both tech and non-tech roles throughout the country, it said in a statement. With 20 per cent addition in mid- to senior-level positions in various verticals of insurance, fintech, retail and digital, the company will hire 30 per cent resources in the tech division based out of Jaipur and Gurgaon locations.

Apart from this, it has also opened 50 per cent recruitment for non-tech roles primarily in B2B/channel sales operations in various cities of the country. The group is looking to fill more than 500 positions in its various business verticals across various locations to support the functions, the statement added.

Over 1,000 people from major cities like Bangalore, Hyderabad, Delhi NCR, Chennai, Kolkata, Lucknow, Ahmedabad, Pune, Mumbai and many more will be hired for B2B in auto loans/auto finance/channel sales follow up support roles, it said.

“We have witnessed robust growth over the years. Our used car business is growing at 140% year on year basis. We are aggressively expanding our network of CarDekho Gaadi Stores as we aim to launch about 150 stores by the end of this year. We are looking forward to have some more like-minded people on board who becomes a part of this success journey,” Amit Jain, Co-founder and CEO, CarDekho said.

“We will be hiring about 1000 people for our B2B business in finance and insurance verticals. The company is going through quite an exciting phase,” Jain added.

CarDekho is also going to start campus hiring in various colleges in 2020 for various tech and non-tech roles and grooming and nourishing untapped talent within the organization, it said.

CarDekho’s parent firm is Girnarsoft, which also owns other portals such as Zigwheels, Gaadi.com, Pricedekho.com and Bikedekho.com. Headquartered in Jaipur, CarDekho has expanded internationally and launched OTO.com in Indonesia, which claims to have become the leading auto site in the country in less than two years of launch.

In January, CarDekho raised $110 million in a Series C funding round from Sequoia India, Hillhouse, CapitalG (formerly known as Google Capital), and Axis Bank. The startup has raised $177.5 million in funding so far, Crunchbase data showed.