CarDekho Group reported a 24% year-on-year rise in consolidated operating revenue to ₹2,795 crore in FY25, up from ₹2,250 crore in the previous fiscal, according to the company’s latest press release. The growth was driven by steady performance across its diversified businesses spanning auto classifieds, fintech, insurance, shared mobility, and international markets.
Despite strong topline growth, the group’s consolidated losses narrowed only marginally to ₹266 crore in FY25, compared with ₹276 crore a year earlier, excluding exceptional items and share of losses from associates. The company said losses were primarily due to continued investments and growth-stage losses in its insurance vertical and Southeast Asia operations. As of March 2025, CarDekho Group held net cash reserves of ₹1,177 crore.
On a standalone basis, which includes the flagship auto classifieds and vehicle financing businesses, CarDekho remained profitable for the second consecutive year. Standalone revenue crossed the ₹1,000 crore milestone, while profitability from the auto classifieds segment rose 60% year-on-year, reflecting improved monetisation and operating leverage.
The group’s fintech arm, Rupyy, facilitated loan disbursements worth approximately ₹16,000 crore during FY25 across used cars, new cars, commercial vehicles, and personal loans. Notably, the new car financing segment nearly doubled, recording 97% growth. Rupyy now services more than 95% of India’s pin codes, underlining its expanding national footprint.
CarDekho’s fleet management platform Carrum, which received early investment during FY25, emerged as a key growth driver. The company partnered with Uber to manage Uber Black fleets in Delhi-NCR and Mumbai and expanded to all major Tier-1 cities, managing over 1,500 vehicles.
Meanwhile, shared mobility subsidiary Revv, acquired in FY24, posted 40% year-on-year growth, expanded to 16 cities, and operated a fleet of over 1,300 cars, serving more than 65,000 customers during the year.
InsuranceDekho continued to scale, operating in over 1,500 cities and covering 98% of India’s pin codes. Internationally, CarDekho expanded its presence across Southeast Asia and entered UAE and Saudi Arabia.
Founded in 2008 by Amit Jain and Anurag Jain, CarDekho Group is backed by investors including Peak XV, CapitalG, Hillhouse Capital, and Advent. Recently, CarDekho and CarTrade called off merger talks that could have created one of India’s largest auto-tech platforms
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