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
TechCrunch - Sep, 20 2021
India’s Cars24, a used-vehicle sales platform, raises $450M at a $1.84B valuationEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
Some data provided by Crunchbase
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