Girnarsoft’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: Girnar Software Private Limited | CIN: U72200RJ2006PTC023499
Founded in 2007 by Amit Jain and Anurag Jain, GirnarSoft is the parent company behind popular auto portals such as CarDekho, Gaadi, and Zigwheels. Over the years, the company has emerged as a key player in India's online automotive ecosystem by blending technology, data-driven insights, and a strong content strategy. With continuous growth and expansion into financing and insurance verticals, GirnarSoft has broadened its market reach, serving millions of users. The company’s ability to innovate and provide integrated auto solutions has strengthened its market presence and attracted significant investments. Through a combination of strategic acquisitions, platform improvements, and new service launches, GirnarSoft is positioning itself as a holistic auto tech leader in India.
| Founded | 2007 |
|---|---|
| Headquarters | Jaipur, India |
| Valuation | ~$1.2 billion (2022) |
| Annual Revenue (FY24 est.) | $120 million |
| Net Profit (FY24 est.) | $5 million |
| Employees | ~3,000 |
| Round | Year | Amount | Lead Investors |
|---|---|---|---|
| Series A | 2013 | $15 million | Sequoia Capital |
| Series B | 2015 | $50 million | Hillhouse Capital, Tybourne Capital |
| Series C | 2019 | $70 million | Sequoia Capital, Hillhouse Capital |
| Series D+ | 2021–2022 | $250 million | Leapfrog Investments, Canyon Partners |
GirnarSoft has steadily increased its revenue from $80 million in FY22 to an estimated $120 million in FY24, transitioning towards profitability. The company's focus on digital auto services and financing verticals has driven this growth.
With improving EBITDA margins moving from -20% to a positive 5% in FY24, GirnarSoft has optimized operational efficiency while scaling its digital and offline presence.
Employee count has grown from 2,500 in FY22 to around 3,000 in FY24, supporting expansion in tech, sales, and finance services divisions.
GirnarSoft plans to expand its financing and insurance businesses, strengthen AI-driven user experiences, and potentially prepare for a future IPO to support broader expansion plans.
Recently, GirnarSoft has announced collaborations with OEMs and launched new digital financing platforms, signaling aggressive expansion into value-added services.
| Metric | Detail |
|---|---|
| Revenue FY24 | $120 million (+20% YoY) – Strong growth driven by digital services and financing. |
| Net Profit FY24 | $5 million – Company moves to profitability after past losses. |
| EBITDA Margin | 5% – Operational efficiency improved, signaling financial discipline. |
| Valuation | $1.2 billion – Stable valuation reflecting market confidence and growth prospects. |
| Employee Count | 3,000 (+7% YoY) – Gradual workforce expansion to support new verticals. |