Cars24
Founded Year
2015Stage
Debt - V | AliveTotal Raised
$1.296BValuation
$0000Last Raised
$100M | 1 yr agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+20 points in the past 30 days
About Cars24
Cars24 is a hybrid used car trading platform offering both online and offline services. The site and app enable both the selling of used cars and used two-wheeled motorbikes. Cars24 buys, fixes, and then resells vehicles, meaning it appraises vehicles from sellers, buys them up for an agreed upon price if possible, and fixes/reconditions them so that they can deliver them to purchasers.
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Research containing Cars24
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Cars24 in 2 CB Insights research briefs, most recently on Oct 6, 2021.
Expert Collections containing Cars24
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Cars24 is included in 3 Expert Collections, including E-Commerce.
E-Commerce
10,322 items
Unicorns- Billion Dollar Startups
1,209 items
Auto Commerce
565 items
Companies involved in the rental, selling, trading, or purchasing of cars, RVs, trucks, and fleets, including auto financing companies, vehicle auction services, online classified advertising companies with a focus on auto, and dealership software platforms.
Latest Cars24 News
Mar 20, 2023
Cars24 opens first R&D center in Bengaluru India-based used-car marketplace Cars24 has launched its first engineering research and development center in Bengaluru. Join now to access © 2023 AIM GROUP We use cookies and non-personalized tracking information to help improve this site and your experience. You can click Privacy Policy to learn more. Accept Privacy policy
Cars24 Frequently Asked Questions (FAQ)
When was Cars24 founded?
Cars24 was founded in 2015.
Where is Cars24's headquarters?
Cars24's headquarters is located at 10th Floor, Tower B, Unitech Cyber Park, Gurgaon.
What is Cars24's latest funding round?
Cars24's latest funding round is Debt - V.
How much did Cars24 raise?
Cars24 raised a total of $1.296B.
Who are the investors of Cars24?
Investors of Cars24 include DST Global, EXOR Seeds, Moore Strategic Ventures, Tencent Holdings, SoftBank and 28 more.
Who are Cars24's competitors?
Competitors of Cars24 include Carsome, CarDekho, Cazoo, CarTrade, InstaCarro and 8 more.
Compare Cars24 to Competitors
Spinny is an online-to-offline platform for used car buyers in India that allows users to select cars online and book a test drive at a Spinny Car Hub.
CarDekho is an Indian auto portal that helps its users with car research, finance, insurance, used cars and any other aspect of car buying and selling. The company has tie-ups with many auto manufacturers, car dealers and numerous financial institutions to facilitate the purchase of vehicles.
Droom is an online marketplace for buying and selling new and used automobiles. Droom has built-in tech and data science tools to create an entire eco-system around used automobiles.
Chehaoduo is the operator of Guazi, an online C2C used-car trading platform, and Maodou, a new car eCommerce platform. The company was founded in 2015 and is based in Beijing, Beijing.
carwow is a used car marketplace that helps users choose what new car to buy. The platform allows consumers to compare offers online and buy directly from trusted dealers that are registered with the platform, specifically avoiding the arduous but otherwise necessary requirement to haggle over price and in a way that potentially introduces a lot more transparency. carwow was founded in 2013 and is based in London, England.
Shanyi Shanmei Technology, dba RenRenChe, is a Beijing-based used-car online transaction platform.
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