Tag: CarDekho Group

Mayank Gupta
Business

CarDekho appoints Mayank Gupta as CFO

Oct 20, 2021 by Rekha Nair 0 Comments #CarDekho Group

Mumbai: CarDekho Group, India’s leading auto-tech company, has further fortified its leadership team by appointing Mr. Mayank Gupta as Chief Financial Officer. Mayank will oversee financial, compliance, legal and investor relations areas and will also be responsible for managing the processes for financial planning and reporting, risk management, etc as the company looks ahead to an IPO. Operating out of the CarDekho Gurugram office, he will be reporting to CarDekho CEO & Co-Founder Amit Jain.

Mayank Gupta brings in rich experience of over 20 years, including 14 years at GE. He has also worked with leading corporate brands such as Maruti Suzuki, Ecom Express and Tata 1mg.

Before joining CarDekho, Mayank was with Tata 1mg where he was instrumental in the e-health startup 1mg’s strategic stake sale to the Tata group. He also helped e-logistics startup Ecom Express scale-up 4x profitably while raising multiple rounds of capital. At GE, he was the CFO of its three businesses in South Asia – Oil and Gas, Transportation and Aviation businesses, and also worked across the world in various businesses. He had played a key role in helping GE bag the largest ‘Make in India’ project from Indian Railways.

Mr. Amit Jain – CEO & Co-Founder CarDekho Group, said, “2021 has been a remarkable year for CarDekho, as the company has entered the Unicorn Club. As we move forward I am delighted to welcome Mayank Gupta to the CarDekho family. Mayank’s proven track record of leadership, strategic thinking and financial acumen will benefit the company in the next phase of its growth. His knowledge will contribute to strategizing financial priorities as we scale our operations and pursue our path to profitability.”

Speaking on his association with CarDekho Group, Mr. Mayank Gupta said: “I am excited to be a part of a growing company and its talented team which has achieved several milestones in the past. Now as a part of the leadership group, I will work to ensure the company execute its strategic plan, accelerate its growth and deliver value for its stakeholders.”

Over the years, Mayank has made an enormous contribution across different industries. In the year 2020, he received CFO100 2020 Roll of Honour and CFO Power List 2020 awards. He holds a Chartered Accountancy degree from the Institute of Chartered Accountants of India and is a graduate from Shri Ram College of Commerce, New Delhi.

CarDekho launches hassle-free online retailing of pre-owned cars
Business, News

CarDekho launches hassle-free online retailing of pre-owned cars

Jul 15, 2021 by Rekha Nair 0 Comments #CarDekho Group, #CEO & Cofounder, #Mr. Amit Jain

New Delhi: CarDekho Group, India’s leading auto-tech company, has launched an online hassle-free pre-owned carCarDekho logo retailing service. This new service offers an AL/ ML driven end-to-end digital car discovery and buying experience to customers.

Customers can now search more than 5,000 certified used cars according to their preferred manufacturer, model, variants, manufacturing year, kms driven, budget, etcand buy their desired car from the CarDekho platform at the click of a button.

CarDekho offers ‘No Questions Asked’ 7days money-back guarantee where customers can test-own the car for 7 days, and get 100 percent refund if not satisfied. CarDekho also offers 6 months comprehensive warranty and Pan India Roadside assistance (RSA) to the customers. RC transfer is taken care of by CarDekho and free insurance is also bundled with the car. Such benefits have been unheard of in the used car retailing space.

The service is currently available in Delhi NCR, Mumbai, Bangalore, Pune, Ahmedabad, Chandigarh, Agra, Lucknow and Kanpur and will soon be expanded to newer markets.

Mr Amit Jain, CEO& Cofounder, CarDekho Group, said, “Since the pandemic, we have seen a marked shift in customer preference for personal mobility and the demand for quality used cars has grown exponentially. With greater adaptation of technology and most transactions moving online, customers are now looking for ease as well as safety. We have introduced the first ever pure e-commerce platform for used car retailing in India that gives buyers the same ease of experience which they derive from other regular e-commerce transactions. The cars sold through CarDekho go through a 217 points stringent quality check to ensure our cars give the best performance to our customers”.

The car retail offering is backed by data science, AI & ML enabled technologies and designed with the customer at its core. The customers can check a detailed 217 points inspection report of the vehicle with just a click from any location globally. Additionally customers can zoom through 360 degree high definition car images to check the minutest details of the car condition and make an informed decision.

Customers also receive detailed information of high quality refurbishment work done by CarDekho on the car. The company’s sophisticated technology platform gives customers a near physical car buying experience on their laptops or mobile phones anytime anywhere.

Once a car has been selected, the customer can quickly complete the purchase journey online. Customers can opt for home delivery of car or choose to pick-up the car from one of the multiple delivery centers of CarDekho. Further, if the customer is seeking a used car loan, the complete loan journey can be done seamlessly on the CarDekho platform.

Being a one-stop solution provider for buying and selling cars, CarDekho has proven expertise in delivering the best to its customers. It sets the highest quality standard for the cars being sold through it. Using Artificial Intelligence and machine learning models on car buying patterns over millions of data points, CarDekho predicts the selection of car models that customers are looking for. Based on every customer’s behaviour on the CarDekho platform, it recommends the best suited cars for customers based on their requirement, tastes and preferences, the AI car pricing engine then determines the best prices for cars for the customers. All this to ensure the customers take home the cars that are not the cheapest but the most suited ones for them and the best value for money.

Gaurav Mehta, Chief Marketing Officer, CarDekho Group,
Business World

CarDekho Gaadi campaigns for safe driving environment for senior citizen with ‘E for Elderly’

Apr 6, 2021 by Neel Achary 0 Comments #CarDekho, #CarDekho Group, #Chief Marketing Officer, #Gaurav Mehta

Hyderabad, April 6, 2021: CarDekho, India’s leading full-stack auto tech-company, today launched a strong and thoughtful campaign ‘E’ for Elderly, to promote a safe driving environment for senior citizens.

Because of the pandemic, commuters are choosing personal mobility options over shared mobility. The campaign aims to promote greater responsibility towards self driving senior citizens and to create awareness about sensitive social issue of road safety. Company’s brand ambassadors Akshay Kumar, Mahesh Babu, Rahul Dravid and K. L. Rahul have also joined the new initiative.

The campaign launched across all digital platforms, has been conceptualized and executed by Leo Burnett. Due to the pandemic, the elderly are reluctant to take cabs and have started driving, and the company wishes to create a safe driving environment for them. Just like ‘L’ stands for learners, ‘E’ will be for elders. The campaign is targeted towards all the eligible drivers to take extra caution while driving close to a car with an ‘E’ symbol on it.

It, thus asks family members to put an ‘E’ symbol on the windshield/back glass of their senior citizen’s car to warn other drivers that the vehicle is driven by an elderly person.

Campaign Link: https://www.youtube.com/watch?v=qTUC45w6fg8

Akshay Kumar – https://youtu.be/0WVGzu1MbrU

KL Rahul – https://youtu.be/WrQ1bh3mUzs

Mahesh Babu – https://youtu.be/97rysWmb3Ys

Rahul Dravid- https://youtu.be/GaIcslKaKL8

At the launch of the campaign, Gaurav Mehta, Chief Marketing Officer, CarDekho Group, said, “This campaign reflects an ideology that the brand stands for –developing an inclusive and caring personal mobility environment for everyone. There has been a huge change in the way we live now. We want to make everyone feel safe and have a hassle-free driving experience, especially senior citizens. We hope this campaign will promote simple, incremental behavioural changes and more empathy towards elders driving on the road.”

Adding further, Rajdeepak Das, CEO& Chief Creative Officer – South Asia, Leo Burnett says “E for elderly” is a great example of how a simple idea can create a big change. With the pandemic we have seen the rise in people taking personal transport, including our senior citizens who have taken to driving once again. But how to make people compassionate towards elderly who getting back to driving after years.So we created “E” as the sign for Elderly drivers. You can write on a paper, print, use tape, as long as it’s an E it does the job. We are very proud to be a part of this initiative with CarDekho and hope to make a positive difference with this campaign”