Girnar Software, which owns automotive marketplace cardekho.com and comparison shopping platform pricedekho.com , has raised $15 million funding from Sequoia Capital.
The company will utilise the proceeds from the ‘Series A’ (first institutional) funding for cardekho.com’s expansion plans, Girnar Software said in a statement.
It plans to launch an array of dealer-focused tools and services based out of mobile platform.
Consumers can also expect an enhanced mobile app experience, which will not only allow them to instantly click photos and list their used cars, but also enable them to connect with new and used dealers and read reviews on the go.
Shailesh Lakhani, Principal, Sequoia Capital India Advisors, will also join the company board.