CarDekho.com Celebrates 1 Lakh Plus Used Car Listings

NEW DELHI, July 2, 2015 /PRNewswire/ --

Moves Into Leadership Position Among Used Car Portals

CarDekho.com, India's number one auto portal, has consolidated its position as the market leader in used cars. Recent data shows that CarDekho has the largest pan-India used car dealer network when pitted against other used car portals. Along with that, they also have the largest inventory of active used cars listed for sale - currently over 1,00,000 used cars and the biggest pool of certified cars among all its competitors.

With overall sales crossing new car sales in the country, used cars has been a growing category of interest. The used car market has been growing at an impressive 20% YOY, sized at about 4 million units currently, whereas the demand has grown 30% over previous year.

Commenting on this, Amit Jain, CEO, CarDekho.com, said, "CarDekho has gone from 565 used car dealers in Aug 2014 to more than 3,000 currently and this number is expected to double by the end of 2015-16 fiscal year. We have identified used cars as a high potential area and have succeeded in creating the largest organised group of used car dealers working with a single auto portal."

According to market surveys, the biggest source of information for buying cars next to dealers is websites such as CarDekho.com. In used car segment, consumers are most concerned about quality of the used car and genuineness of the seller. CarDekho has sought to address both these concerns through their product line-up.

More than 1.5 million online searches are made monthly for used cars. To service this level of demand, CarDekho has more than 1,00,000 active used cars listed for sale on its portal. Consumers often complain of outdated listings and non-genuine sellers on many sites, but not so on CarDekho.com that verifies 100% of used cars uploaded for genuineness of sellers.

The next big leap for the used car business will be certification & warranty, which is already a multi-billion dollar business in developed economies. CarDekho has established leadership in this area within three months of launching TrustMark, its best-in-class certification & warranty product for used cars. More than 1,200 dealers have already tied up for the program and the site features 5,400+ certified used cars, by far ahead of other classified portals.

Commenting on that, Rajat Sahni, Business Head - Used Car, further added, "We have built a high quality team of 100+ inspection engineers and currently inspect over 15,000 cars every month to solve customer's pain point on quality of the car. We certify only quality cars that meet our stringent criteria and only 1 out of every 3 cars receives our TrustMark Certification. Customers can purchase warranty on these cars to protect their purchase and for peace of their mind."

CarDekho has pioneered technology-based solutions for used car dealers. Over 3,000 satisfied dealers are already reaping the benefits of this technology and over 1,200 dealers are using the web cloud solution platform. The easy to use 'dealer mobile app' has various innovative functions that make the dealer's life much easier, such as:

• Integrated inventory management and lead management functions, multi-photo upload and inventory addition.
• Marketing and selling tools that allow dealers to share details of inventory over SMS, WhatsApp and e-mail.
• 3-click easy issuance of warranty on certified cars.

CarDekho caters to over 10 lakh used car buyers every year. Apart from serving used car buyers and dealers, CarDekho also works with and powers cloud solutions for over nine corporates and financial institutions including Mahindra First Choice, Carnation, Tata, Chevrolet, Ford, HDFC, Axis, SBI, ICICI, and TVS Credit.

About CarDekho.com 

CarDekho.com is a flagship portal of Girnar Software Pvt. Ltd., founded in March 2008. CarDekho.com is today India's most popular and leading auto portal catering to the aspiring buyers, the proud owners, the auto enthusiasts and die-hard fans and dealers of cars across the country. CarDekho is currently drawing close to 17 million visits per month with 10 million unique visitors per month. The company recently acquired Gaadi.com, another top automotive portal and Buying IQ, a comparative shopping portal to add to its portfolio. Recent winner of the prestigious 'Website of the Year 2014' award, CarDekho.com has been presented with various tokens of appreciation by a number of esteemed institutions, including the awards for the 'Best Car Website 2014', 'Most Popular Website 2012' and 'Website of the Year India' given twice in a row - in 2011 and 2012. The portal won its first 'Best Automotive Website of 2009' award at the beginning of the journey.

For more details, visit: http://www.CarDekho.com

About Girnar Software 

Girnar Software is an IT company working on offshore products and outsourced software development. It picked up USD 50 million in a second round of funding and is valued at USD 300 million. The group company has recently partnered with the iconic Mr. Ratan Tata and will be taking advice for further business enhancement to take the auto classified segment in India to a global level. The group runs other successful portals such as BikeDekho.com and PriceDekho.com. The group's vision is to be a multi-billion dollar company by 2020 with global footprint by creating innovative products and services.

Media Contact:
Pranjal Kanwar
[email protected]
+91-9711024146
Marketing Manager
Girnar Software Pvt. Ltd.