CARS24

100X Mobility

Gurugram, India · Founded 2015

Headquarters
Gurugram
Employees
5001–10000
Founded
2015
Business Model
Marketplace
Website
cars24.com
Last Round
Series G+Dec 2021
Rounds
2

About

CARS24 is India's largest auto-tech company and one of the world's leading online used car marketplaces, founded in 2015 by Vikram Chopra, Mehul Agrawal, Gajendra Jangid, and Ruchit Agarwal. The platform enables individuals and businesses to buy, sell, and finance pre-owned vehicles through a digital-first process involving AI-powered price discovery, inspections, and instant payment — all without the friction of traditional dealerships. CARS24 operates across India, Thailand, Australia, and the UAE, with over 202 branches across 73 cities in India and more than 10,000 channel partners across 230 cities. The company has transacted over 1 million cars, serves 300 million+ users globally, generates over $1 billion in revenue, and has saved over 16 million tonnes of CO2 by extending the life of pre-owned vehicles.

Summary

CARS24 is an Automotive company based in Gurugram, India, founded in 2015. Its most recent funding was a Series G+ round in Dec 2021.

Tech & App Stack

9 technologies & apps tracked

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Funding History

Series G+Dec 2021

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