CosmicTaco

CarDekho SEA Raises $60M for SE Asia Expansion

CosmicTaco · 2024-12-12T11:46:25.010408+05:30

- CarDekho SEA, an auto financing platform, raised $60M from Navis Capital Partners and Dragon Fund, valuing it at over $300M. - The funds will support expansion in Southeast Asia, focusing on used car and bike financing in Indonesia and the Philippines. - The company plans to acquire local platforms to boost its presence and leverage AI to reduce fraud and credit risks. Source: [Techcrunch](https://techcrunch.com/2024/12/10/cardekho-sea-raises-first-ever-outside-funding-ceo-says-hes-interested-in-acquisitions/)

CarDekho SEA, an auto financing platform, raised $60M from Navis Capital Partners and Dragon Fund, valuing it at over $300M.
The funds will support expansion in Southeast Asia, focusing on used car and bike financing in Indonesia and the Philippines.
The company plans to acquire local platforms to boost its presence and leverage AI to reduce fraud and credit risks.

Source: Techcrunch