CarDekho Group, a classified platform player, recorded a total revenue of ₹2,795 crore in FY25, a 24% growth year-over-year from ₹2,250 crore in FY24.
According to CarDekho, the Group’s financials reflect steady performance throughout its diversified portfolio, spanning across auto classifieds, fintech, mobility solutions, insur-tech, and international businesses.
The overall growth trajectory was driven by strong performances across the businesses and, in particular, by its fleet-management business, Carrum.
The Group reduced its consolidated losses from ₹276 crore to 266 crore (before exceptional items and share of losses in associates), which were primarily driven by growth stage losses in its insurance and Southeast Asia businesses, while maintaining a net cash reserve of ₹1,177 crore.
The standalone business, which houses the flagship auto classified and financing business, posted profitability for the second year in a row (before exceptional items) with revenue crossing ₹1,000 crore.
The group also continued to focus on integrating AI to redefine the mobility landscape in India and beyond, with investments towards AI and deep-tech advancements. The business also took steps to expand its geographical footprint with regional tie-ups in the UAE and the Kingdom of Saudi Arabia. The brand aims to replicate the Indian growth playbook to cater to the evolving preferences of digitally savvy auto buyers in the Middle East region.
Rupyy, the digital lending platform of CarDekho Group, maintained its leadership in the used cars financing segment. The used car loan distribution business, along with other segments like new car, commercial vehicle and personal loans distribution business, achieved a loan throughput of approximately ₹16,000 crore. Notably, the new car financing business grew by 97%. Serving over 95% pin codes, rupyy is making auto financing more accessible to customers nationwide.
Carrum, the fleet management business that CarDekho Group invested in early FY25, also delivered strong results and grew multifold. The brand partnered with Uber to manage the Uber Black fleet in Delhi-NCR and Mumbai. With a fleet of 1500+ cars, Carrum now operates in all major Tier 1 cities in the country.
Revv, the shared mobility startup that CarDekho Group acquired in FY24, grew 40% Y-o-Y. The business expanded its reach to 16 cities, 1,300+ cars and served over 65,000 customers in FY25, empowering India with flexible yet reliable mobility offerings.
With renewed focus on the education ecosystem, the Group’s ed-tech platform, CollegeDekho, expanded to 2000 college partners and empowered 90,000 students of India. Expanding on its core classified strength, the Group planned to double down on its investment in CollegeDekho and announced the investment $10 million in December 2025.
Amongst the Groups’ investments, InsuranceDekho demonstrated strong growth, with presence in over 1500+ cities. InsuranceDekho covered 98% of India’s pin codes and served 3.3 million customers, insuring 18 individuals nationwide every minute. Southeast Asia business also continued to offer auto classifieds and auto financing services in Indonesia, Thailand and the Philippines.
Mayank Gupta, Group CFO of CarDekho Group, said, “Our FY25 performance reflects a steady growth pace on consolidated as well as standalone level. With increased focus on profitability, we have attained profitability for 2nd year in a row for standalone business and are on the path of achieving profitability for the Group as well. As we build for the new-age India, we strategically plan to continue strengthening the auto ecosystem while continuing to invest in adjacencies. In FY25, this led to investments in Carrum and Revv, and global expansion to Middle East (UAE and Kingdom of Saudi Arabia). In parallel, we aim to double down our focus on CollegeDekho to strengthen India’s talent pool and contribute to Skill India initiative in our country’s path to Viksit Bharat. At the core of our strategy is a clear commitment to sustainable growth, prudent capital allocation, and long-term value creation for all stakeholders.”
Founded in 2008 by Amit Jain and Anurag Jain, CarDekho Group is a technology player operating auto & finance solution platforms with nearly 50 million MAU. CarDekho Group operates companies across auto classifieds (CarDekho.com, BikeDekho, ZigWheels and Powerdrift), fin-tech (rupyy), shared mobility space (Revv and Carrum), Education classifieds (CollegeDekho and Crack-ED), Insurtech (InsuranceDekho) & SEA (with auto classified and financing aggregators like Carbay, OTO and CarMudi).
The Group is backed by marquee investors like Peak XV (formerly known as Sequoia India), Hillhouse Capital, CapitalG, Advent Group, Leapfrog (ESG-focused investment fund), HDFC Bank, ICICI Bank, and Axis Bank, amongst others.
