CARS24

Better drives, better lives

General Information
Company Name
CARS24
Founded Year
2015
Location (Offices)
India +1
Founders / Decision Makers
Number of Employees
9022
Industries
Financial Services
Funding Stage
Debt Financing
Social Media

CARS24 - Company Profile

CARS24

CARS24 is a leading AutoTech company operating in the Financial Services industry, with its headquarters in India. Since its founding in 2015, the company has been revolutionizing the sale, purchase, and financing of pre-owned cars in India, Australia, Thailand, and UAE.

Leveraging cutting-edge technology, including a Smart AI Pricing Engine and the largest dealer network, CARS24 ensures a seamless and transparent process for selling pre-owned vehicles. Customers benefit from a great price, instant payment, easy documentation, and the flexibility to sell from anywhere, making the experience convenient and hassle-free.

For buyers, the company conducts 140 Quality Checks at its state-of-the-art Mega Refurbishment Labs (MRL), ensuring that the cars are road-ready and come with a 1-year warranty and easy 7-day returns.

Additionally, CARS24 Financial Services Private Limited is a professionally managed Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India, offering innovative financial products leveraging the latest and proprietary technology.

The last recorded investment for CARS24 was an INR100.00M Debt Financing investment on 09 July 2020, led by Vivriti Capital. The company's commitment to innovation and tech-first mindset has been the driving force behind its success, seamlessly managing every aspect of the buying and selling journey through cutting-edge technology.

Taxonomy: AutoTech, pre-owned cars, used cars, car selling, car buying, AI pricing engine, automotive technology, NBFC, technology-driven, vehicle lending, warranty, customer support, innovation

Funding Rounds & Investors of CARS24 (1)

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Funding Stage Amount No. Investors Investors Date
Debt Financing INR100.00M 1 09 Jul 2020

Latest News of CARS24

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No recent news or press coverage available for CARS24.

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