298:
188:
160:
29:
289:
The CARS24 platform facilitates the transaction and has an offline presence. Apart from selling used cars, the company's services include paperwork such as transferring the car to the name of the new owner which enables end-to-end transactions and offers an online auction platform to businesses
293:
The company operates 202 branches across 73 cities in India as of 2019. Apart from its own branches, the company has a tie-up with more than 10,000 channel partners across 230 cities in India. The company touched 150,000 annual car sales in 2019.
273:
CARS24 was founded in 2015 by Vikram Chopra, Mehul
Agrawal, Gajendra Jangid and Ruchit Agarwal as a platform to buy and sell used cars. In 2021, the company expanded its operations internationally in several countries, including the
696:
340:, who simultaneously became the company's brand ambassador. Cars24 raised US$ 200 million in Series E round of funding in 2020 and became a unicorn startup as it was valued at over a $ 1 billion.
670:
620:
290:
looking to sell their pre-owned cars. In 2019, the company started offering verified used cars where the company offered a buyback guarantee on the vehicles verified by inspection.
484:
800:
427:
457:
985:
774:
1021:
336:, Kingsway Capital, KCK and Unbound and Moore Strategic Ventures. As a part of the series D round of funding, the company received an investment from cricketer
877:
958:
748:
591:
564:
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CARS24 raised US$ 50 million in Series A and Series B rounds combined. In 2018, it raised a further US$ 50 million in Series C round of funding.
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539:
1036:
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on its platform. It also launched a service offering vehicles inspection services at the customers location in place of their branch.
394:
and end customers in the used car segment across 50 cities in India. In 2019-20 the company claimed to have disbursed loans worth
305:
In May 2020, the company launched CARS24 Moto. Cars24 Moto is a service which allows customers to sell used two-wheelers such as
370:. Cars24's sponsorship of SRH marks the first time that a company from the second-hand cars category has sponsored an IPL team.
825:
903:
367:
244:
1041:
932:
356:
1026:
383:
328:
CARS24 raised US$ 100 million in a Series D round of funding in 2019. Investors in the company include
337:
314:
275:
378:
The company established Cars24 Financial
Services as a subsidiary in 2019. The company received an
363:
352:
697:"Cars24's two-wheeler vertical to be called Cars24 Moto: 200+ bikes, scooters sold post lockdown"
247:
671:"The One Who Solves Supply Shall Create The Biggest Auto Company In India Vikram Chopra CARS24"
565:"CARS24 Eyes $ 2 Bn In Revenue By FY23 On Back Of International Expansion, Financing Services"
261:. The company is considered among the four major organised players in the used car segment in
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49:
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82:
78:
28:
749:"Cover Story: How Covid-19 Has Forced A Clutch Of Startups To Pivot"
621:"Used auto startup CARS24 develops vehicle matching app for dealers"
986:"Cars24 Financial Services raises ₹10 crore in first debt funding"
402:
310:
296:
262:
258:
198:
170:
428:"Cars24 to reduce burn rate further, target 'sustainable growth'"
379:
722:"CARS24 introduces pre-owned two-wheeler sales on its platform"
510:"Mahindra First Choice plans to have 1,300 dealerships by Mar"
927:
925:
878:"Cars24 appoints Hypersonic to lead new marketing campaign"
826:"MS Dhoni invests in CARS24, roped in as brand ambassador"
231:
959:"New consumer lending business key growth driver: Cars24"
410:
497 crore or US$ 60 million in 2023).
362:
Cars24 became the primary and front-of-shirt sponsor of
904:"Sunrisers Hyderabad names Cars24 as principal sponsor"
458:"Cars24 registered marginal growth in revenues in FY23"
773:
Srinivasan, Supraja; Gooptu, Biswarup (18 July 2018).
540:"Cars 24: Now buy and sell used cars sans any hassles"
801:"Cars24 has closed $ 100 million in Series D funding"
226:
216:
206:
178:
154:
134:
109:
93:
73:
55:
45:
35:
485:"Cars24 set to pick up $ 80 million from backers"
386:in July 2019. Cars24 Financial Services provides
614:
612:
8:
21:
590:Ghaswalla, Amrita Nair (20 February 2017).
27:
20:
775:"CARS24 tanks up for a Rs 340 crore ride"
646:"Consumers Can now Buy Cars from CARS24"
533:
531:
419:
452:
450:
448:
7:
1022:Indian companies established in 2015
799:Gooptu, Biswarup (18 October 2019).
695:Chaudhary, Vikram (22 June 2020).
538:Chowdhary, Sudhir (29 July 2019).
14:
851:Tanwar, Sangeeta (20 July 2017).
483:Gooptu, Biswarup (14 May 2019).
187:
186:
159:
158:
984:Mathur, Nandita (9 July 2020).
1032:2015 establishments in Haryana
853:"Selling a used car made easy"
592:"A new turn to used-car sales"
1:
619:Mukul, Jyoti (28 June 2020).
355:have endorsed the company in
202:(US$ −56 million) (FY23)
174:(US$ 660 million) (FY23)
1037:Online automotive companies
933:"Cars 24 gets NBFC licence"
16:Online used car marketplace
1058:
1017:Companies based in Gurgaon
368:2022 Indian Premier League
332:, Exor Seeds, partners of
61:; 9 years ago
357:commercial advertisements
343:Apart from Dhoni, actors
222:Cars24 Financial Services
26:
321:Funding and endorsements
857:Business Standard India
625:Business Standard India
596:The Hindu Business Line
963:The New Indian Express
302:
937:The Financial Express
832:. PTI. 13 August 2019
701:The Financial Express
544:The Financial Express
384:Reserve Bank of India
300:
675:Business World India
650:Business World India
338:Mahendra Singh Dhoni
276:United Arab Emirates
965:. 24 September 2019
364:Sunrisers Hyderabad
353:Nawazuddin Siddiqui
253:, headquartered in
208:Number of employees
23:
830:The Indian Express
805:The Economic Times
779:The Economic Times
489:The Economic Times
432:The Economic Times
303:
301:Old logo of CARS24
248:online marketplace
910:. 9 February 2022
464:. 30 October 2023
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908:SportsMint Media
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571:. 6 January 2022
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144:Resale Paperwork
69:
67:
62:
31:
24:
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1042:Used car market
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406:(equivalent to
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330:Sequoia Capital
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164:
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150:
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121:Gajendra Jangid
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939:. 26 July 2019
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747:Singh, Rajiv.
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390:facilities to
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124:Ruchit Agarwal
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6:
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2:
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1027:Indian brands
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726:Outlook India
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514:Outlook India
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388:consumer loan
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252:
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246:
245:multinational
243:is an Indian
242:
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221:
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212:6,000+ (2023)
211:
205:
200:
195:
185:
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177:
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157:
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146:
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127:Mehul Agarwal
126:
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118:Vikram Chopra
117:
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993:. Retrieved
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860:. Retrieved
856:
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834:. Retrieved
829:
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808:. Retrieved
804:
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782:. Retrieved
778:
768:
756:. Retrieved
753:Forbes India
752:
742:
730:. Retrieved
725:
716:
704:. Retrieved
700:
690:
678:. Retrieved
674:
665:
653:. Retrieved
649:
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628:. Retrieved
624:
599:. Retrieved
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573:. Retrieved
568:
559:
547:. Retrieved
543:
518:. Retrieved
513:
504:
492:. Retrieved
488:
478:
466:. Retrieved
462:Moneycontrol
461:
435:. Retrieved
431:
422:
377:
374:Subsidiaries
361:
349:Mandira Bedi
342:
327:
324:
304:
292:
288:
272:
240:
239:
218:Subsidiaries
74:Headquarters
36:Company type
18:
569:Inc42 Media
437:31 December
392:car dealers
345:Boman Irani
95:Area served
1011:Categories
575:21 January
468:3 November
414:References
366:(SRH) for
334:DST Global
307:motorbikes
232:cars24.com
181:Net income
111:Key people
286:.
284:Australia
141:Car sales
103:Australia
50:Used cars
990:Livemint
914:25 April
882:ANI News
315:scooters
280:Thailand
251:used car
135:Services
101:Thailand
46:Industry
995:10 July
969:14 July
943:10 July
888:10 July
862:10 July
836:10 July
810:10 July
784:10 July
758:10 July
732:10 July
706:14 July
680:10 July
655:10 July
630:10 July
601:14 July
549:10 July
520:10 July
494:10 July
269:History
255:Gurgaon
241:CARS24,
227:Website
155:Revenue
83:Haryana
79:Gurgaon
64: (
56:Founded
40:Private
311:mopeds
169:5,535
22:Cars24
884:. ANI
728:. PTI
516:. PTI
403:crore
263:India
259:India
199:crore
197:−468
171:crore
147:Loans
99:India
88:India
997:2020
971:2020
945:2020
916:2022
890:2020
864:2020
838:2020
812:2020
786:2020
760:2020
734:2020
708:2020
682:2020
657:2020
632:2020
603:2020
577:2022
551:2020
522:2020
496:2020
470:2023
439:2022
401:400
380:NBFC
351:and
313:and
282:and
66:2015
59:2015
265:.
105:UAE
1013::
988:.
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