Google Capital is reportedly in talks with the online automotive marketplace, which has so far raised $65m, to lead a round sized at up to $30m.
India-based automotive marketplace CarDekho has entered talks with Google Capital, the growth equity arm of conglomerate Alphabet, over a round of up to $30m in size, the Times of India reported on Monday.
The round will be sized at between Rs 1.5bn and Rs 2bn ($22.5m and $30m), according to people familiar with the matter, and it is expected to also be backed by CarDekho’s existing shareholders.
Established in 2008, CarDekho’s platform enables car owners to sell their vehicles to…