LeapFrog Investments led a $250m Series E funding round in CarDekho.

LeapFrog Investments, a private investment firm, led a $250m Series E funding round in CarDekho, a provider of software and web development services. Additional investors include Canyon Partners, Mirae Asset, Harbor Spring Capital, Sequoia Capital India and Sunley House. “CarDekho, from being a car research portal, has evolved to become a complete ecosystem for car buying, lifecycle management and selling. We are committed to empowering our customers and providing them with a convenient and hassle-free experience. The new fundraise will help us expand our used sar transactions and Financial services businesses. The trust and conviction of our investors will help us to accelerate our growth plans whilst we provide our customers with an experience that will continue to re-define car buying and selling," Amit Jain, CarDekho Co-Founder and CEO.