GirnarSoft, the parent company of India’s auto portals CarDekho.com, Gaadi.com, and Zigwheels.com, announced it plans to invest $20 Mn in its subsidiary InsuranceDekho, an omni channel insurance platform. The startup will use the funds to invest in branding and strengthening its tech, product, and sales teams.
Amit Jain, CEO and Co-Founder, GirnarSoft, said, “InsuranceDekho started as a modest initiative to complete the ecosystem play. Over the years, under Ankit’s leadership, it has taken a life of its own and ranks among the leading insuretech companies in the country. They have inherited CarDekho’s capital efficiency and tech prowess but are building a large and independent business of their own."