Founded
2015
Team Size
5000
Total Funding
₹1,247 Cr
Valuation
₹16.6K Cr
About
Used car buying and selling platform.
Unique Selling Proposition
Core Differentiator
A tech-driven platform allowing quick transactions for used cars.
Target Market
Urban consumers looking for reliable used cars.
Key Innovation
Instant online valuations and seamless buying experience.
Competitive Moats
🌐Network Effects
Strong
A growing number of users increases trust and transaction volume.
🧠Data/AI Moat
Medium
Proprietary algorithms for valuation and customer insights.
Funding Snapshot
Free preview
₹376 Cr
Total Raised
2
Rounds
Corporate
Latest · Mar 07, 2026
Unlock the full funding history below — every round's amount, valuation & investors.
Funding History
Latest Round
2020-01-01
₹374 Cr
Investors
Various Investors
Corporate
Mar 07, 2026
₹2 Cr
Recent News
Cars24 Launches Enterprise AI Company Deployment Inc, Invests $5 Mn
Inc42· 2026-08-10
mention
IPO-Bound Cars24 Onboards Infosys CFO Jayesh Sanghrajka As Independent Director
Inc42· 2026-06-08
ipo
Cars24 launches AI lab, commits $20 million to AI, early-stage startups
ET Tech· 2026-06-01
funding
Cars24 To Invest $20 Mn In Early Stage AI Startups
Inc42· 2026-06-01
ipo
Ex-Cars24 India CEO Himanshu Ratnoo joins e-cycle company EMotorad as cofounder
ET Tech· 2026-05-27
mention
EMotorad inducts former Cars24 CEO Himanshu Ratnoo as co-founder
YourStory· 2026-05-27
mention
Details
Location
Gurgaon, Haryana
Website
Visit WebsiteFinancial Metrics
Growth Rate
40%
Funding Rounds
2
VedAI Score
721/1000
Strong
Cars24
Marketplace