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Sep, 11 2019

With 7 new stores in Mumbai, CarDekho moves forward towards its aim to have 200 Gaadi stores across India

The company has targeted to invest Rs 200 crores in the expansion of its Gaadi stores.

CarDekho Gaadi, a retail auction model for pre-owned cars, has opened 7 stores in Mumbai. This is in line with CarDekho’s aim to establish 200 Gaadi stores across India by 2020.

CarDekho Gaadi already has 49 stores in Delhi-NCR, Bangalore, Jaipur, Pune, Lucknow, Ahmedabad, Hyderabad and Karnal. Mumbai’s expansion marks the milestone 50th store within three months for CarDekho Gaadi. 

The company has targeted to invest Rs 200 crores in the expansion of its Gaadi stores.

Vibhor Sahare, Co-Founder & CEO, Gaadi.com, said, “It’s a proud moment for us that we have opened our milestone 50th store in Mumbai. We have been receiving a phenomenal market response at our CarDekho Gaadi stores across regions and we are excited to foray into Mumbai which is an important market for us.”

“The company’s fast-paced expansion is a testimony of our right strategy meeting customers’ needs. Our aim is to be able to buy 14000-15000 cars each month by the end of this financial year. With this launch, we have further deepened our root in the used car ecosystem of Maharashtra and now are here to provide ease of selling and buying used cars for our Maharashtrian customers,” he further stated.

Want to invest in a used car business franchise? Visit Franchise India 2019, Asia’s Biggest Franchise & Retail Show, and give wings to your entrepreneurial dreams.

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