'During FY 2016-17, we recorded a triple digit growth in revenues and did well over Rs. 100 crore in revenues. This year we will be able to generate cash and (earn) proper profits unless we decide to ramp up our marketing spends in a huge way," said Umang Kumar, President, CarDekho.
Valueserve Consulting is GirnarSoft’s ninth deal in the last two years. Earlier it made a strategic investment in Advanced Structures India. It has acquired Volob, Connecto, Help on Wheels, Zigwheels.com, Gaadi.com and BuyingIQ.