Girnar Software Raises $15M in Series A Funding from Sequoia Capital
Summary
Girnar Software Private Limited, a Jaipur, India-based provider of an auto marketplace and a comparison shopping platform, raised $15m in Series A funding from Sequoia Capital.In conjunction with the funding, Shailesh Lakhani, a principal at Sequoia Capital India Advisors, will join Girnar’s board.The company intends to use the funds to expand CarDekho.com.Founded in 2007, by brothers Amit and Anurag Jain, both IIT-Delhi alumni, Girnar Software owns the automotive marketplace (cardekho.com) for consumers, OEMs and dealers of new and used cars, Bikedekho.com, a similar portal for bikes, and pricedekho.com, a comparison shopping platform.The company employs over 500 people across 11 major Indian cities.
Funding
Amount
$15.0M
Total raised
Date
November 20, 2013
Announcement date
Investors
CarDekho
Lead investors
Company
http://www.girnarsoft.com
Funded company
Classifications
industries
Telecommunications
applications
Business Planning / Continuity
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