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CarDekho Group Expands into UAE Market Through Partnership with Raya Holdings

by sthv

CarDekho Group, a prominent player in auto-tech and fintech solutions, has entered the UAE market in collaboration with Raya Holdings, with support from H.H. Sheikh Mohammed Bin Sultan Bin Khalifa Bin Zayed Al Nahyan. This move follows the company’s success in India and aims to address the specific needs of the UAE automotive market, offering a better experience for car buyers, brands, and dealerships.

The company’s broad ecosystem includes advertising, lead management, and digital content services. CarDekho intends to reshape the car-buying process in the UAE by bridging online platforms with traditional dealerships. The goal is to deliver a more streamlined, personalized experience for the UAE’s tech-savvy consumers.

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As digital solutions become increasingly important for automotive purchases in the UAE, CarDekho sees a strong opportunity to offer its services. The company plans to use AI-powered insights and advanced lead management tools to blend online and offline car-buying experiences, making the process more seamless for customers.

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Amit Jain, CEO and Co-Founder of CarDekho, expressed excitement about the expansion, saying, “What started in a small city in India with the aim of helping local customers has now grown internationally. Entering the UAE, guided by H.H. Sheikh Mohammed Bin Sultan Bin Khalifa Bin Zayed Al Nahyan, is a key step in bringing our successful Indian model to a global audience. This aligns with the UAE’s ‘Vision 2030,’ which focuses on sustainable transport and digital transformation. We’re eager to set new industry standards with the support of our teams, partners, and customers.”

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Anurag Jain, COO and Co-Founder of CarDekho, highlighted the role of technology in the company’s strategy: “Our expansion into the UAE reflects our focus on using technology to meet the changing demands of car buyers. With tools like AI-powered insights and advanced lead management, we aim to cater to the preferences of UAE customers and redefine the car-buying experience with innovative, user-friendly solutions.”

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This move builds on CarDekho’s growth in Southeast Asia, where it operates under brands such as OTO in Indonesia, Carmudi in the Philippines, and Zigwheels. The company plans to offer a range of services in the UAE, including exploring new offerings like auto insurance and extended warranties tailored to local needs.

Founded in 2008, CarDekho Group provides auto-tech and finance solutions across multiple sectors. These include Auto-tech (CarDekho.com), Insurtech (InsuranceDekho), Fintech (rupyy), and Shared Mobility (Revv). The Group also operates automotive content platforms such as BikeDekho, ZigWheels, and PowerDrift.

CarDekho Group is supported by investors like Peak XV (formerly Sequoia), Hillhouse Capital, CapitalG, Ratan Tata Trust, LeapFrog, HDFC Bank, ICICI Bank, and Axis Bank.

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