CarDekhoset to acquire auto portal Zigwheels by Times Internet.

Q.  Jaipur based website firm CarDekho is acquiring which auto portal owned by Times Internet and what is the name of its parent company?
- Published on 14 Sep 15

a. Zigwheels and Girnar Soft
b. Gaadi.com and Infotech Soft
c. Zigwheels and Infotech Soft
d. Gaadi.com and Girnar Soft

ANSWER: Zigwheels and Girnar Soft
 
CarDekho is acquiring auto portal Zigwheels run by Times Internet. This is the second largest acquisition by Girnar Soft after it purchased Nasper owned Gaadi.com a year back. Girnar Soft runs CarDekho, BikeDeokho and PriceDekho sites. The co founder and CEO of CarDekho is Amit Jain. Combined entity of CarDekho, Zigwheels and Gaadi.com will compete with Cartrade.com and Carwale.com as well as horizontal classified companies like Olx and Quikr. Times Internet is part of Times Group. Zighweels receives 8 million visits per month while CarDekho and Gaadi.com receive 25 million visits per month. CarDekho was valued at USD 300 million earlier in the year.

Post your comment / Share knowledge


Enter the code shown above:
 
(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)