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CarDekho partners with Raya Holdings to enter UAE market

CarDekho Group, an auto marketplace based in India, has entered the UAE market in partnership with Egypt-based Raya Holdings.

The company aims to target the region’s used car market by offering lead management systems, advertising, and digital content solutions.

The startup plans to adapt its platform to suit the preferences of UAE consumers.

Anurag Jain, cofounder and COO of CarDekho, emphasized that this expansion highlights the company’s goal of using technology to meet customer needs in the region.

Recent CarDekho developments

Timeline
18-Feb-2025 🚗 CarDekho reports $39.15m loss, plans $500m IPO
  • CarDekho’s FY24 loss shrinks to ₹340.08 crore
  • Plans $500M IPO, valued at $2-2.5 billion
22-Jan-2025 🚗 How CarDekho navigated Carro, Carsome to find space in SEA
  • CarDekho SEA aims for profitability by 2026.
  • Plans expansion into new markets and insurance biz growth.
11-Dec-2024 🚗 CarDekho SEA secures $60m to expand
  • CarDekho SEA raises $60M in funding round
  • Funds to expand in Indonesia and Philippines markets
01-Jun-2023 🚗 Mapping SEA’s auto startups: Competition drives push into financing, EVs gain ground
  • Auto startups grow in Southeast Asia’s market
  • Used-car sector expected to grow 6.3% until 2027
24-Nov-2021 🚗 India Roundup: Tiger Global-backed Spinny drives into unicorn club, and more
  • Spinny becomes unicorn with $248M raised!
  • Indifi Technologies secures $45.7M for lending!

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