CarDekho SEA raises first-ever outside funding, co-founder says he's interested in acquisitions | TechCrunch

"We do have a couple of assets lined up in terms of what we will look at. You may hear something along those lines within a month or two...we will actively look at acquiring activities. The idea is not completely organically built. So we will look at some inorganic acquisition as we build out our business across Southeast."

"Kumar explained that the company initially had a joint venture partner in Indonesia but later bought out the local partner entirely, becoming the 100% owner of the entity between 2019 and 2020. The company's acquisition spree continues as it acquired Carmudi, which operates in the Philippines, Indonesia, and Thailand, in 2021 to expand into SEA, Kumar explained."

Read at TechCrunch