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$40.1m

Series D
Total Funding000k
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More about GirnarSoft
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GirnarSoft, registered as Girnar Software Private Limited, is a technology services company established in 2007, operating from Jaipur, India. The firm was founded by brothers Amit and Anurag Jain, both alumni of IIT Delhi. Their journey began in a home garage, initially focusing on IT outsourcing to ensure positive cash flow, even taking on projects at lower rates to build momentum. Amit Jain had prior experience at Tata Consultancy Services (TCS) and Trilogy in the US, while Anurag Jain worked with i2 Technologies and Sabre Holdings. This background in software engineering and product management provided a strong foundation for their venture.

The company's trajectory shifted significantly after the founders' visit to the Indian Auto Expo in 2008, which sparked the idea for an online automotive portal. This led to the launch of CarDekho.com, which became the company's flagship product and a cornerstone of its business. GirnarSoft operates as the parent company of the CarDekho Group, which includes a portfolio of digital platforms such as BikeDekho, Gaadi.com, Zigwheels, and PriceDekho.com. While initially an IT outsourcing firm, the company evolved its model to focus on developing its own consumer-facing portals. Its revenue is primarily generated through advertising on its classifieds sites, lead generation for vehicle manufacturers and dealers, and facilitating car finance and insurance.

GirnarSoft provides a range of IT services, including custom software development, mobile application development, business intelligence, and digital marketing for clients across various industries like e-commerce, healthcare, and finance. However, its primary focus is its own suite of market-leading portals. The CarDekho platform, for example, offers tools for car research, expert reviews, price comparisons, and a marketplace for new and used vehicles. Through strategic acquisitions, such as Gaadi.com in 2014 and Zigwheels.com in 2015, the company consolidated its position in the online auto market. The firm has attracted significant investment from prominent backers including Sequoia Capital, Hillhouse Capital, Google Capital, and Ratan Tata, raising a total of $620 million over 12 rounds. This funding has fueled technological development, R&D, and both domestic and international expansion into markets in Asia and the Middle East.

Keywords: GirnarSoft, CarDekho Group, Amit Jain, Anurag Jain, IT solutions, software development, automotive portal, online marketplace, vehicle classifieds, digital marketing, business intelligence, PriceDekho, BikeDekho, Zigwheels, Gaadi.com, IT outsourcing, web development, mobile application development, Sequoia Capital, Google Capital, Hillhouse Capital

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Investments by GirnarSoft

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Gaadi
ACQUISITION by CarDekho Sep 2014
Drishya360s
ACQUISITION by GirnarSoft Dec 2015
Help On Wheels
ACQUISITION by GirnarSoft Apr 2016
Volob Technologies Pvt.
ACQUISITION by GirnarSoft May 2016
PowerDrift
ACQUISITION by GirnarSoft Aug 2018