CARS24 India
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CARS24 India

https://www.cars24.com/
Last activity: 19.04.2024
Categories: CarE-commerceHomeITMarketplaceVehiclesOnlineSupplyPlatformService
We are CARS24. And as our name rightly suggests, we deal in everything related to pre-owned automobiles (car & bikes) and we do it 24/7. Now, you might ask, in this sea of car re-sellers, what is it that makes us different? Well, CARS24 is more than your next-door car re-seller. It is a next-generation e-commerce platform with an edge. It is the satisfaction we provide our customers that lies at the heart of our business. We take great pride in providing the best experience to all parties involved - with sellers getting the best value for their car, and buyers getting to choose from a wide assortment of automobiles. For a company launched in just 2015, CARS24 has scaled rapidly. With a presence in 100 cities and counting, we are growing at more than a 100% rate, year on year. That’s not all - CARS24 provides several other services that benefit our patrons, such as financing and warranty for its consumers. Our success is spearheaded by innovation - the invention of a unique price discovery mechanism of used autos. It includes a state-of-the-art propriety inspection app, an innovative auction format that is first-of-its-kind in the world, and an all-powerful algorithm that matches supply and demand using millions of data points.
Likes
410.85K
Followers
3.24K
Website visits
5M /mo.
Mentions
25
Location: Australia, Victoria, Melbourne
Employees: 5001-10000
Phone: +91 1800 11 2233
Total raised: $1.05B
Valuation: $3.3B
Founded date: 2020

Investors 4

Funding Rounds 3

DateSeriesAmountInvestors
19.12.2021-$400M-
19.09.2021-$450MExor
-Series E$200M-

Mentions in press and media 25

DateTitleDescriptionSource
19.04.2024Bengaluru's Shift to Smarter Spending: Pre-Owned Car Sales J...Bengaluru, Karnataka, India Bengaluru is leading a significant shift in India's automotive scenario,...newsvoir.c...
16.04.2024Mahendra Singh Dhoni Ventures into the EV Space: Invests in ...-entreprene...
29.03.2024India’s top-funded tech startups reined in FY23 losses as re...Premium Credit: 123RF.com India's top-funded technology startups, which went overboard with ...vccircle.c...
12.03.2024Exclusive: Cars24 Pilots Service To Allow Car Owners To Hire...SUMMARY The service was launched earlier this month for users in Gurugram and the startup plans to l...inc42.com/...
26.06.2022Vehicle sends driver for a swimThe vehicle sent the driver for a swim in Vanderbijlpark. Photo: Traffic SA/ Twitter. A driver was f...thesouthaf...
06.06.2022Carro buys 50% of Indonesian car rental firmAcquisitionsInvestmentsNewsStartupsTransportation Deepti Sri · 21m ago · 1 min readCarro buys 50% of...techinasia...
28.04.2022BREAKING: India’s Tractor Junction hauls in $5.7m seed fundi...Disclosure: AFN’s parent company, AgFunder, is an investor in Tractor Junction. India’s Tractor Junc...agfunderne...
12.04.2022Cars24 rolls out 7-day car delivery in AustraliaEcommerceNewsStartups Jenina Ibañez · 1d ago · 1 min readCars24 rolls out 7-day car delivery in Aust...techinasia...
20.12.2021Cars24 bags $400m to fuel SEA, Australia, UAE expansion planEcommerceInvestmentsNewsTransportation Roehl Niño Bautista · 20 Dec 2021 · 2 min readCars24 bags $40...techinasia...
19.12.2021India’s Cars24, a used-vehicle sales platform, raises $400M,...With supply chains in the automotive industry continuing to be disrupted due to Covid-19, demand has...techcrunch...
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