In a bid to conquer the global online auto market, Girnar Software owned CarDekho has launched CarBay.vn in Vietnam and CarBay.ph in Philippines.
It was launched in Malaysian, Thailand and Indonesian recently.
Both websites feature the product that established clear leadership for CarDekho.com in India; among many other honors, the winning of “Website of the Year” 3 times in the past 4 years vindicates their success in the Indian subcontinent.
Launching CarBay for the market, Mohit Yadav – CEO, Asia-Pacific at CarBay, said, “We are getting very good response in Indonesia, Malaysia & Thailand; and Philippines & Vietnam will further strengthen our presence in this region. These are the largest markets after India & China and growing at a rapid pace.”
Valued at US$300 million at its Series B funding round in January 2015, GirnarSoft is backed by leading investors like Hong Kong-based Hillhouse Capital and Tybourne Capital, and global player Sequoia Capital.
CarDekho.com has racked up a reputation as the go-to source for anything and everything related to cars in India, and has recently started launching in a number of global markets like Brazil, UAE, and Saudi Arabia, being among them.
fii-news.com
