India-based auto marketplace CarDekho has invested an undisclosed amount in AI startup Biup Technologies through its investment arm, Girnar Venture Fund. Founded in 2023 and based in Delhi, Biup Technologies focuses on AI-led immersive technology that enhances product and customer experiences through programmatic data analytics. The partnership between CarDekho and Biup aims to develop AI-powered mobility solutions and enhance innovation, with an eye on both domestic and global expansion. CarDekho’s recent activities include acquiring a majority stake in car rental startup Revv and launching TractorDekho, a marketplace for used tractors.
Automotive, Technology, Investment,India
https://aimgroup.com/2024/09/02/cardekho-invests-in-ai-startup-biup-technologies/