MAM
CarDekho buys Zingwheels; Times Internet invests in Girnar
MUMBAI: In a bid to consolidate its position in the auto portals space, Girnar Software, which owns CarDekho.com & Gaadi.com, has acquired Zigwheels.com.
Additionally, Times Internet has come on board as an investor in Girnar Software along with Sequoia Capital, Hillhouse, Tybourne, Ratan Tata and HDFC Bank.
Zigwheels.com will operate independently within the Girnar Software umbrella.
“Having been a part of India’s leading and most respected media group, Zigwheels.com comes with a very strong content pedigree. This strategic acquisition reinforces our commitment to further enrich our content to enable us to engage even more deeply with our consumers. This also takes our market leadership to the next level in the digital auto vertical across visitors, dealer base and revenues,” said Girnar Software CEO Amit Jain.
“We are delighted to welcome Times as a new investor in our company and look forward to their support as we continue our journey and further consolidate our leadership in the online auto space,” added Jain.
“We see tremendous growth and value creation opportunities in the online auto industry in India and overseas. Girnar Soft, as the leader in this space, is best positioned to take advantage of this opportunity. We are excited to be partnering with an exceptional management team which has built great value and we are confident will continue to blaze trails in the years to come,” added Times Internet CEO Satyan Gajwani.
This is Girnar Software’s second acquisition. Last September, the company acquired the Nasper Group-owned Gaadi.com, to fortify its position in the digital used car segment.
The core business model of Girnar Software is earnings from lead generation for new and used cars, media sales on their portals, monetising the lifecycle of a car owner via CarBuddy app.
The company is also expanding across SE Asia, Africa, Middle East and South America.
The Rainmaker Group (TRMG) is the financial advisor to Girnar Software for the transaction.
MAM
Shanu Singh steps down as director – The Economic Times brand at BCCL: Reports
Marketing leader joined BCCL in July 2025 to lead brand strategy for the business daily
MUMBAI: Shanu Singh has stepped down from her role as director of The Economic Times brand at Bennett, Coleman & Co Limited, according to reports.
Singh joined the company in July 2025 to lead brand strategy and integrated marketing initiatives for the flagship business daily across platforms. During her stint, she worked on strengthening brand positioning, deepening audience engagement and advancing advertiser-focused initiatives.
A marketing executive with nearly two decades of experience, Singh previously served as chief marketing officer at ASK Asset & Wealth Management. She has also held senior roles at Standard Chartered Bank and Kotak Mahindra Bank.
Her next move has not yet been announced.
