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


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


Marut Singh

Vice President

Abhinav Gupta


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