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New Deal


Announced

CarDekho to merge with Revv.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

India

shared mobility

Acquisition

Majority

Domestic

Single Bidder

Mobility

Private

Pending

Synopsis

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CarDekho, an auto-tech solutions provider, ageed to merge with Revv, a shared mobility platform. Financial terms were not disclosed. "As we build a robust ecosystem of mobility solutions, our focus is on delivering a seamless customer experience across cities in India, empowering the mobility need of the new generation. Through strategic integration of technology, we are not just evolving our services but also ensuring more seamless operations. The merger with Revv allows us to offer shared mobility services addressing the evolving needs of Gen-Z customers," Amit Jain, CarDekho Co-founder and CEO.

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