M&A Deal Summary

CarDekho Acquires Zigwheels

On September 11, 2015, CarDekho acquired internet software and services company Zigwheels

Acquisition Highlights
  • This is CarDekho’s 1st transaction in the Internet Software and Services sector.
  • This is CarDekho’s 1st transaction in India.

M&A Deal Summary

Date 2015-09-11
Target Zigwheels
Sector Internet Software and Services
Buyer(s) CarDekho
Deal Type Add-on Acquisition

Target

Zigwheels

India
Zigwheels is an online classifieds portal.

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Buyer(S) 1

Buyer

CarDekho

Jaipur, India

Category Company
Founded 2008
Sector Internet Software and Services
DESCRIPTION

CarDekho is an Auto portal and helps its users with car research, finance, insurance, used cars, and any other aspect of car buying and selling with the best possible deals through its exclusive tie-ups with car manufacturers, finance and insurance companies. CarDekho is founded in 2008 and is based in Jaipur, Rajasthan.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2015 M&A 1 of 1