Girnar Software Private Limited, the company that owns CarDekho.com, has raised $50 million (Rs. 307 crore), in its second round of funding led by Hillhouse Capital and Tybourne Capital..The existing private equity investor, Sequoia Capital also acquired further shares in the company..Bharucha & Partners advised Girnar Software Private Limited and its promoters, Amit Jain and Anurag Jain. The Bharucha team included Partner Alka Bharucha, Senior Associate Siddharth Manchanda and Associate Swathi Girimaji..Goodwin Procter, LLP, Hong Kong acted for Hillhouse Capital with a team led by Partner Yash Rana and Associate Brinda Dutta while Davis Polk & Wardwell LLP, Hong Kong acted for Tybourne Capital with Partner Kirtee Kapoor and Associate Rishab Kumar..Both Hillhouse Capital and Tybourne Capital engaged AZB & Partners to act as their Indian counsel. The AZB team was led by Partners Darshika Kothari and Essaji Vahanvati along with Senior Associate Vijay Sureka..Themis Associates advised Sequoia Capital and the team included Associate Ashwani Verma..With a valuation of about $300 million (Rs 1,844 crore), the seven year old CarDekho has now joined the likes of online movie and events ticketing venture BookMyShow, web and mobile classifieds company Quikr and restaurant search business Zomato in the rapidly growing club of Indian consumer internet companies valued at Rs 1,000 crore or above, reports ET..Image taken from here.
Girnar Software Private Limited, the company that owns CarDekho.com, has raised $50 million (Rs. 307 crore), in its second round of funding led by Hillhouse Capital and Tybourne Capital..The existing private equity investor, Sequoia Capital also acquired further shares in the company..Bharucha & Partners advised Girnar Software Private Limited and its promoters, Amit Jain and Anurag Jain. The Bharucha team included Partner Alka Bharucha, Senior Associate Siddharth Manchanda and Associate Swathi Girimaji..Goodwin Procter, LLP, Hong Kong acted for Hillhouse Capital with a team led by Partner Yash Rana and Associate Brinda Dutta while Davis Polk & Wardwell LLP, Hong Kong acted for Tybourne Capital with Partner Kirtee Kapoor and Associate Rishab Kumar..Both Hillhouse Capital and Tybourne Capital engaged AZB & Partners to act as their Indian counsel. The AZB team was led by Partners Darshika Kothari and Essaji Vahanvati along with Senior Associate Vijay Sureka..Themis Associates advised Sequoia Capital and the team included Associate Ashwani Verma..With a valuation of about $300 million (Rs 1,844 crore), the seven year old CarDekho has now joined the likes of online movie and events ticketing venture BookMyShow, web and mobile classifieds company Quikr and restaurant search business Zomato in the rapidly growing club of Indian consumer internet companies valued at Rs 1,000 crore or above, reports ET..Image taken from here.