What is Carmudi Philippines's business focus and history?

Carmudi Philippines is a funded company based in Taguig, Philippines, founded in 2013 by Erwin Sikma, Fritz Simons, Simon Hast, and Stefan Haubold. It operates as an online marketplace for buying and selling new and used vehicles, offering services such as insurance, financing, and OR/CR renewal. Carmudi Philippines has raised funding in multiple rounds, including a $10 million Series C in June 2014 led by Tengelmann Group, and another $10 million Series C in January 2018 led by Holtzbrinck Ventures. The company has several active competitors, including Autodeal, Carousell, and OLX Philippines.

Carmudi Philippines Corporate Details & Core Services

Carmudi Philippines is an online marketplace for buying and selling new and used vehicles, offering services such as insurance, financing, and OR/CR renewal.

Carmudi Philippines Contact Information & Official Links

Website https://www.carmudi.com.ph
Social
Email id wecare@carmudi.com.ph
Phone number (02) 7211 9518
Head office address Taguig, , Philippines
Tags Automotive Online Marketplace Vehicle Services

What are Carmudi Philippines's Key Business Metrics & Stats?

No of employees
Founded year 2013
Type private
SAICS CODE 7374
NAICS Code 511210
Industry Automotive
Location Taguig, Philippines
Parent Company cardekho.com
Pricing Strategy Free listings for individual sellers, Premium packages for dealers
Carmudi Philippines Firmographic Snapshot 2026 2013 Founded Year Global Employees Philippines Headquarters Automotive Industry Private Type Verified by DexterAgent.ai

How much funding has Carmudi Philippines raised to date?

Name Description
Funding Amount USD 10 Million
Stage Series C
Latest Valuation (USD)
Lead Investor Tengelmann Group
Investors Tengelmann Group

What are Carmudi Philippines's Core Products?

Name Description
Car Insurance Online car insurance services connecting users with top insurance providers in the Philippines.
Used Car Finance Financing solutions for purchasing second-hand cars with competitive rates and flexible terms.
OR/CR Renewal Assistance with the renewal of vehicle registration documents to ensure legal compliance.
Sell Your Car Platform for individuals to list and sell their used cars to potential buyers.

What are the latest developments at Carmudi Philippines?

Date Type Description
November, 2019 Acquisition CarDekho acquires Philippines-based car classified site Carmudi

Carmudi Philippines VS AutoDeal.com.ph VS Carousell Philippines VS OLX Philippines : 2026 Comparison

Feature Carmudi Philippines AutoDeal.com.ph Carousell Philippines OLX Philippines
Core Strengths Car Insurance, Used Car Finance, OR/CR Renewal, Sell Your Car AutoDeal Marketplace, Lead-Management Technology Carousell Marketplace, Carousell Protection OLX Mobile App
Founded Year 2013 2014 2012 2006
Stock Name/Ticker
Type private private private private
Global Employees 50 101
Revenue (Annual)   $800 Thousand(2017)   $50 Million(2018)
Headquarters Taguig, Philippines Makati, Metro Manila, Philippines Pasig City, Metro Manila, Philippines Makati, Philippines
Latest Valuation     $1.1 Billion $1 Billion
LATEST REVENUE (TRILLIONS USD) EMPLOYEE COUNT (THOUSANDS) INNOVATORS VISIONARIES DISRUPTORS GIANTS AutoDeal.com.ph 800 | 50 OLX Philippines 50 | 0 Competitive Landscape 2026 DexterAgent.ai
Name Description
Legal Name PT. Car Classifieds Indonesia
Cin number
GST number
Registration number

Who is in Carmudi Philippines's executive leadership team?

Name Designation
CEO Cholo Syquia

Where are Carmudi Philippines's primary office locations?

City Country
Taguig Philippines

What are the current business signals and market intelligence for Carmudi Philippines?

Spending next 3 months Technology enhancements, Market expansion, Customer experience improvement
Pain points Limited access to vehicle financing, Complexity in vehicle registration processes, Challenges in selling used cars
Sales motion Online platform with customer support, Partnerships with dealers and financial institutions
Buyer Persona First-time car buyers, Individuals seeking vehicle financing, Car owners needing insurance or registration services
Type of customer Individual car buyers, Car dealers, Insurance seekers
Key customer domain individuals, dealerships
Annual ACV $500 - $5,000

What are Carmudi Philippines's risk management and compliance ratings?

GDPR RIsk No
Privacy Risk No
Company Ratings
Glassdoor Rating

What are Carmudi Philippines's business model and service classifications?

Saas Yes
Offline Stores No
Service Yes
Ecommerce Yes
Exporter No
Mobile App Yes
Retail No
B2B Yes
B2C Yes
Manufacturing No
Wholesale No
Importer No
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