CarDekho Group, a leading Indian auto marketplace, has named Sudarshan Sarma as Chief Business Officer (CBO) for its new auto segment. Sarma announced the move on LinkedIn. Prior to this role, he held a senior director position at Flipkart, an e-commerce leader majority-owned by Walmart. Sarma’s experience in the auto industry dates back to 2006 with General Motors and includes roles at Google, Facebook, and car rental company Carzonrent, where he was CEO from 2020-2022. This appointment follows the hiring of Neelesh Talathi as group CFO and is part of CarDekho’s strategic preparation for a potential IPO in 2025. The group has also increased investment in startups with potential synergies, like AI-focused Biup Technologies. CarDekho reported a consolidated revenue of INR 24 billion ($285 million) for the fiscal year ending March 2023, marking a 46.3% year-on-year increase.
Auto Marketplace, E-Commerce, Technology,India, United States
https://aimgroup.com/2024/09/04/cardekho-group-appoints-sudarshan-sarma-as-cbo-of-new-auto/