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Mehul Agrawal

Mehul Agrawal

Co-Founder and COO

CARS24
Gurugram, Haryana, India
$3.4B raised

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About CARS24

CARS24 is an Indian multinational AutoTech company founded in 2015 and headquartered in Gurgaon, India. It operates a comprehensive online platform for buying and selling used cars, focusing on transparency, convenience, and trust in the used car market. CARS24 is one of the largest organized players in this segment and has expanded its operations to international markets, including Australia, Thailand, and the UAE. The company offers a seamless used car marketplace, allowing sellers to complete transactions from home, often within a day. CARS24 provides pre-sale services such as home test drives and vehicle inspections, along with warranty plans and a 7-day return policy for buyers. It also offers tailored financing options through its subsidiary, Cars24 Financial Services. The platform ensures instant payments to sellers and manages all necessary documentation for ownership transfer. CARS24 is committed to sustainability by promoting the sale of pre-owned vehicles, contributing to a significant reduction in carbon emissions.

Company Details

Company
Company logo
CARS24
Industry
information technology & services
Founded
2015

Funding

Total Funding Raised
$3.4B

Backed by Leading Investors

Alpha Wave GlobalDST GlobalSoftBank Vision Fund 2AlibabaTencentExorRaptor Holdco GP LLCCommercial Bank of Dubai

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