CarDekho, which is headquartered in Jaipur, the parent company of InsuranceDekho, an insurance aggregator, and automotive marketplace CarDekho, has formed a partnership with SaaS platform BiUP Technologies.
In addition to providing domain expertise and ecosystem advantages of CarDekho Group, GVF has made an investment commitment with BiUP Technologies, a SaaS company that specializes in AI-led immersive tech and data analytics, for an undisclosed amount, as part of the strategic partnership, the company stated in a statement.
BiUP.ai. The partnership will capitalize on CarDekho’s ecosystem advantages and domain expertise to propel BiUP Technologies into the Indian and global markets.
The collaboration aims to transform conventional vehicle search methods into a more conversational experience by utilizing BiUP’s technology to facilitate virtual vehicle exploration, predictive AI, and intelligent web solutions for CarDekho’s platforms.
InsuranceDekho, CarDekho.com, Rupyy, and Revv are among the platforms that CarDekho Group operates in the auto tech and finance sectors. Peak XV, Hillhouse Capital, CapitalG, and Ratan Tata Trust are among the investors in the company, which is valued at $1.2 Bn.
CarDekho has expanded into the agricultural sector with TractorsDekho, a platform that is intended to facilitate tractor research for the farming communities of India. The platform’s objective is to establish connections between buyers, vendors, dealers, and service centers.
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