CARS24 Stock
CARS24 offers a tech-enabled marketplace for buying and selling pre-owned cars.
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About CARS24 Stock
CARS24 offers a tech-enabled marketplace used for buying and selling pre-owned cars. The company aims to revolutionize the way used cars are sold by creating an efficient and reliable way for car owners to sell their used cars at a reasonable price. It utilizes an AI-enabled pricing algorithm that displays the accurate market price as well as the appraisal price of a vehicle. The platform also books appointments for vehicle inspection. The services provided by the company helps customers sell their vehicle in a secure and efficient manner. CARS24 is backed by Exor Seeds, Moore Strategic Ventures, and Unbound. Cars24 was founded in Gurgaon, Haryana, India in 2015 by Vikram Chopra, Mehul Agrawal, Ruchit Agrawal, and Gajendra Jangid.
Funding History
| January 2018 | $0 |
|---|---|
| June 2018 | $50.0M |
| October 2019 | $100M |
| November 2019 | $3.1B |
| November 2020 | $200M |
Management
Co-Founder and Chief Financial Officer
Ruchit Agarwal
Co-Founder & COO
Mehul Agrawal
Co-Founder and CMO
Gajendra Jangid
CEO and Co-Founder
Vikram Chopra
CTO
Marut Singh
Vice President
Abhinav Gupta
Press
inc42 - Mar, 28 2024
Cars24 Rolls Out Autopilot Service To Allow Car Owners To Get Drivers On Demandglobenewswire - Feb, 7 2024
Zoomcar Partners with CARS24 to Redefine Car Hosting Landscapeinc42 - Feb, 3 2024
Cars24’s Sales Inch Closer To $1 Bn Mark In FY23, Loss Narrows 32%deccanchronicle - Nov, 23 2023
Cars24 Launches its Vehicle Scrapping Initiativetechcircle - Nov, 8 2023
Airtel’s Deepak Gupta joins Cars24 as VP of EngineeringEquityZen Recognized As:
