Online car platform CarDekho on Thursday said it has raised $110 million in a Series C funding round from existing investors Sequoia India, Hillhouse Capital, Alphabet’s growth investment arm Capital G and Axis Bank. The investment values CarDekho at $400-500 million, the company said in an email response. — Mint

AZB & Partners advised Sequoia Capital led by partners Gautam Saha, Sachin Mehta, and associates Roy George, Aditi Aggarwal, Vaishali Dhanawat and Utsav Agarwal.

Bharucha Singh Mundkur advised CarDekho, owned by Girnar Software Private Limited, led by partner Alka Bharucha.

2018-12-17

Deal value: $110m / INR 7740m

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