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Tekion buys back ESOPs worth Rs 300 crore, and nearly 250 employees become crorepatis
Tekion raises $250 million, valued at $3.5 billion Tekion, founded by Jay Vijayan, has raised $250 million led by Alkeon Capital and co-led by Durable Capital. Other investors include Hyundai Motor Company and several dealer groups across the US. The new funding values Tekion at over $3.5 billion, which has nearly tripled from over $1 billion a year ago.
Tekion raises $250M as valuation rises to $3.5B Tekion, which is headquartered in Silicon Valley, US, has offices in Bengaluru and Chennai. It was founded by Jay Vijayan in 2016, and attained unicorn status last October at a valuation of $1 billion. The latest round of funding was led by Alkeon Capital and Durable, with participation from Hyundai Motor, as well as several automobile dealer groups in the US.
Tekion, the automotive retail platform headed by a former Tesla CIO, just tripled in value
A new DMS? Can I interest you in an “AUTOMOTIVE RETAIL CLOUD? Jay Vijayan, Founder/ CEO of TEKION
GM to launch EV digital retail tool powered by Tekion
Former Tesla CIO’s Software Startup Tekion Valued At Over $1 Billion In New Fundraise
Former Tesla CIO just raised $150 million more to pull car dealers into the 21st century
Tekion turns a unicorn with $150 million funding
Tekion named as Integrated Technology Provider by FCA
