| Date | Title | Description |
| 14.08.2026 | Cars24, Spinny, Droom seek new growth engines as profits remain elusive | - |
| 11.08.2026 | Cars24 launches Deployment Inc with $5 million investment to build enterprise AI systems | Used-car marketplace Cars24 has launched Deployment Inc, an independent enterprise AI firm that will help businesses design, implement and operate AI systems across critical workflows.
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Cars24 is making an initial $5 million inv... |
| 10.08.2026 | Cars24 Launches Enterprise AI Company Deployment Inc, Invests $5 Mn | SUMMARY
Cars24 has launched Deployment Inc, an enterprise AI venture backed with $5 Mn from the company to help businesses deploy frontier AI models through FDE teams
Deployment Inc is targeting the growing gap between AI pilots and product... |
| 07.08.2026 | Грядет агентная экономика: как она работает и что будет делать человек | У британского поставщика мяса Swaledale Butchers около 70% заказов приходило через WhatsApp. Сотрудникам нужно было расшифровать разговорные формулировки, сверить товары и вручную перенести заявку в учетную систему. После подключения ИИ-аге... |
| 04.08.2026 | Bengaluru-based Superleap raises Rs 36 crore in funding to develop AI CRM platform | Enterprise AI software startup Superleap has raised Rs 36 crore in a pre-Series A funding round led by Peak XV’s Surge programme.
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The Bengaluru-based company said the funding will be used to develop its AI-powered customer rela... |
| 08.06.2026 | IPO-Bound Cars24 Onboards Infosys CFO Jayesh Sanghrajka As Independent Director | SUMMARY
To note, Sangharjka has been working with Cars24 in the capacity of an audit committee member since 2021
Over his near 14 year tenure with Infosys, he has headed mergers and acquisitions and handled stakeholder management as well as... |
| 25.05.2026 | Used Cars Have Gone from Budget Pick to Best Choice | Gurugram, Haryana, India
For most of the last decade, the Indian used car market was framed as a fallback. It was the option buyers considered when a new car felt unaffordable, when the loan didn't come through, when waiting for a fresh mod... |
| 22.05.2026 | The SUV Boom has Reached India's Used Car Market, but Hatchbacks Still Hold their Ground | Gurugram, Haryana, India
India's love affair with sport utility vehicles is one of the most documented stories in the country's automotive industry. The Cars24 and Team BHP Gears of Growth 2025 report confirms that this shift has reached th... |
| 19.05.2026 | India's First All-Women Car Hub by Cars24 Becomes Top Performing Hub in Delhi NCR | New Delhi, Delhi, India
Cars24 has announced that its recently launched all-women automotive hub in Saket, Delhi NCR, has emerged as the top-performing hub across the company’s Delhi NCR network within its very first month of operations.
Ca... |
| 09.05.2026 | IPO-Bound Cars24 Claims Adjusted EBITDA Profitability In Q4 FY26 | SUMMARY
The used-car marketplace claims to have turned profitable for the first time in Q4 FY26, earning ₹20 Cr in adjusted EBITDA
Cars24 claims to have increased its adjusted net revenue 27.3% YoY to ₹1,411 Cr in FY26, while net loss from ... |
| 27.04.2026 | BMW brings M440i xDrive Convertible to India with 374bhp power | BMW India has brought the new M440i xDrive Convertible to the local market. It is a car that seems designed for people who really enjoy the act of driving. The vehicle arrived in showrooms starting May 2, 2026 and it is being sold as a comp... |
| 22.04.2026 | Rysen School, Spill Games, CureMeAbroad, Chupps Footwear snag funding | (From left) Rysen co-founders Kapil jain, OP Godara, Kapil Arya and Pritesh Meena
Edtech startup AITS, gaming firm Spill Games, healthtech platform CureMeAbroad, and direct-to-consumer brand Chupps Footwear have raised early-stage funding, ... |
| 15.04.2026 | MS Dhoni Joins Cars24's Crashfree India As Goodwill Ambassador | New Delhi, Delhi, India
Cars24 today announced that MS Dhoni has joined Crashfree India, its national road safety initiative, as Goodwill Ambassador. More than an association, this marks the coming together of one of India’s most respected ... |
| 07.04.2026 | Cars24 Collaborates with Tesla to Encourage the Transition to Electric Vehicles | Gurugram, Haryana, India
As electric mobility continues to gain momentum in India, Cars24 today announced a collaboration with Tesla India to introduce an integrated trade-in programme for vehicle owners, making the transition from petrol o... |
| 07.04.2026 | Second Hand Fortuner Still Sells in 48 Hours – Here’s What Makes It the Most Trusted Used Toyota in India | Share
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In most parts of India, it does not take long to understand how strong the demand is for a second hand Fortuner. Well-maintained listings often get serious enquiries within hours and, in many cases, close withi... |
| 26.03.2026 | India's Used Car Market Shifts Gears as Tier-2 Cities Drive 62 percent Demand: Cars24 Report | Gurugram, Haryana, India
For most of the past decade, the story of India's used car market was essentially a story about its largest cities. Delhi, Mumbai, Bengaluru, and Hyderabad drove volumes. National trends were, in many ways, just met... |
| 11.03.2026 | After Car Info, IPO-Bound CARS24 Acquires Vehicle Info | SUMMARY
CARS24 has acquired automotive utility startup Vehicle Info as it looks to expand beyond vehicle transactions and build a full-stack vehicle ownership platform
By bringing its app into its ecosystem, CARS24 plans to support users no... |
| 09.03.2026 | Exclusive: Cars24’s India Used Cars CEO Himanshu Ratnoo To Quit, Vikram Chopra Takes Charge | SUMMARY
Cars24’s Indian used car CEO Himanshu Ratnoo will be stepping down from his role, sources told Inc42
Ratnoo, who has been at the helm of CARS24 Indian used car operations since July 2024, in an internal note informed about his stepp... |
| 20.02.2026 | Cars24 Launches India's First Lifetime Warranty on Cars | Gurugram, Haryana, India
Cars24, India’s leading AutoTech platform, today announced the launch of India’s first Lifetime Warranty on cars, marking a significant shift in how long-term ownership protection is offered in the car market.
Cars2... |
| 11.02.2026 | Ahead of IPO, Cars24 Unveils New Brand Identity as It Grows into a More Mature, Human Company | Gurugram, Haryana, India
Cars24 has unveiled a refreshed brand identity, marking an important moment in the company’s journey as it grows from a fast-scaling transaction platform into a long-term car ownership ecosystem.
Cars24 unveils its ... |
| 30.01.2026 | Vedam School of Technology Sets a New Benchmark for Computer Science (AI) Program from the First Semester | New Delhi, Delhi, India
Vedam School of Technology, a next-generation institution redefining computer science education in India, today announced the successful completion of the first academic semester of its inaugural cohort. The mileston... |
| 05.01.2026 | CARS24 Acquires Vehicle Info Platform CarInfo | SUMMARY
CARS24 has acquired vehicle information and management platform CarInfo to strengthen its vehicle ownership services beyond buying and selling cars
CARS24 cofounder and CEO Vikram Chopra announced that CarInfo will continue to opera... |
| 05.11.2025 | Used Hyundai Creta vs Used Seltos — Which SUV Holds Better Resale Value in India? | Created by Carl Williams
Published: Nov 05 2025, 04:07 AM EST
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| 09.10.2025 | CARS24 Bets Rs. 50,000 on the Accuracy of Every PDI Report | New Delhi, Delhi, India
In a market where half-truths and hidden histories often shadow used car purchases, CARS24 has introduced a radical industry-first assurance, the CARS24 Guarantee powered by PDI. The initiative guarantees Rs. 50,000 ... |
| 03.09.2025 | Used two-wheeler marketplace Vutto raises $7 M Series A funding led by RTP Global | RTP Global led a $7 million (approximately Rs 61.4 crore) Series A funding round for used two-wheeler marketplace Vutto, with participation from Blume Ventures, an existing investor.
The startup, which is based in Delhi, had previously rais... |
| 26.08.2025 | Inside BeepKart's abrupt departure from used two-wheelers space BeepKart had raised more than USD 18 million in different funding rounds. | BeepKart, a Bengaluru-based marketplace for used two-wheelers, has shut down its operations. The closure follows mass layoffs conducted months earlier, which impacted over 100 employees.
Entrepreneur India has learned that the company explo... |
| 23.08.2025 | Exclusive: CARS24 Raises INR 345 Cr From Singapore-Based Parent | SUMMARY
CARS24 will primarily use the funds for working capital needs and strengthening its core offerings, a source said
The funding comes almost a year after Global Car Group pumped in INR 250 Cr in CARS24
Ahead of its probable IPO, CARS2... |
| 01.08.2025 | Passprt Trips raises $500K Pre-seed funding from Aroa Venture Partners | Aroa Venture Partners is leading a pre-seed investment round for travel firm Passprt Trips, which has garnered $500K.
Over the next three months, the company plans to expand to 20 destinations in the Middle East and Asia, improve its produc... |
| 10.06.2025 | The Fintech Frontier: CRED and Walmart's New Credit Ventures | In the fast-paced world of fintech, two stories emerge that highlight the evolving landscape of consumer finance. CRED, a rising star in India, has secured a hefty $72 million in funding, while Walmart is rekindling its partnership with Syn... |
| 09.06.2025 | CRED raises $72M from GIC, RTP, and others | Fintech unicorn CRED has raised $72 million (Rs 617 crore) in fresh funding from multiple investors, according to regulatory filings sourced from the Registrar of Companies (RoC).
According to the filings, Singapore’s sovereign wealth fund ... |
| 04.06.2025 | The Growing Demand for Used Luxury Cars in Bangalore | Share
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There’s something quite interesting happening in India’s Silicon Valley and it concerns the uptake in used luxury cars in Bangalore. You’ll find an increasing number of BMW, Audi and Mercedes-Benz models lining... |
| 27.05.2025 | CRED in talks to raise $75M in internal round amid valuation reset | Bengaluru-based fintech unicorn CRED is in discussions to raise $75 million in an internal round of funding, marking its first capital infusion in nearly two years.
The round, which is set to see participation from existing backers GIC, RTP... |
| 02.05.2025 | Automotive community platform Team-BHP acquired by CARS24 | Team-BHP, a significant Indian automotive community platform, has been acquired by CARS24. Enhancing digital infrastructure and improving user decision-making in the automotive industry are the goals of the move.
According to a press releas... |
| 28.04.2025 | Cars24 Lays Off 200-250 Employees Amid Cost-Cutting Push Despite these setbacks, Cars24 provided standard severance packages to affected employees. | Cars24, the e-commerce platform specialising in pre-owned vehicles, has laid off between 200 and 250 employees this month as part of a major cost-cutting measure, according to a report by Entrackr. The layoffs primarily impacted the product... |
| 28.04.2025 | India Digest: Zepto to tap Edelweiss, others for debt; Cars24 lays off employees | Quick commerce unicorn Zepto’s founders, Aadit Palicha and Kaivalya Vohra, are in advanced discussions with Edelweiss Alternative Asset Advisors, several domestic family offices, and small credit funds to raise about Rs 1,500 crore (over $1... |
| 27.04.2025 | Cars24 lays off over 200 employees days after Team-BHP acquisition, CEO cites ‘wrong bets’ | Used car platform Cars24 has laid off more than 200 staff as part of its cost-cutting measures in product and technology verticals. The layoffs come as Cars24's rival Spinny recently concluded a fresh funding round of $131 million.
The news... |
| 26.04.2025 | CARS24 Lays Off 200 Staff In Restructuring Exercise | SUMMARY
CARS24 cofounder Vikram Chopra said certain projects did not deliver as expected over a few months which resulted in hiring for few roles too early in the stage
The company claims to provide severance packages and outplacement servi... |
| 23.04.2025 | Car marketplace platform CARS24 acquires automotive forum Team-BHP | - |
| 23.04.2025 | CARS24 Acquires Automotive Forum Team-BHP | SUMMARY
The company did not disclose the financial terms of the deal
As a part of this acquisition, CARS24 will strengthen Team-BHP’s product, tech stack and AI capabilities
Team-BHP will continue to be operated independently by its foundin... |
| 16.04.2025 | DLF Camellias in spotlight for the wrong reason as SEBI probes Gensol fund diversion | A worker installs power lines inside a DLF residential project in Gurugram. | Credit: Reuters/Amit Dave
The Camellias, an ultra-luxury project of real estate developer DLF Ltd in Gurugram that has made headlines for the past many months as ... |
| 15.04.2025 | Dashcam startup Cautio raised Rs 11 Cr Seed funding | Cautio, a video telematics startup, has raised Rs 11 crore in its current seed round. Venture Catalysts, Antler India, Infinyte Club, 9Unicorns, Ministry of Electronics and IT (MeitY) through PIEDS-BITS Pilani, and CARS24 Founders Gajendra ... |
| 01.04.2025 | India's used-car retailer Spinny raises $131m to scale NBFC business | India’s used-car retailing platform Spinny has raised $131 million in a fresh funding round led by US-based Accel Leaders Fund, as it looks to scale its newly launched non-banking financial company (NBFC) business.
The round also saw partic... |
| 31.03.2025 | Spinny raises $131 million in Accel-led round amid booming used-car market | Used-car marketplace Spinny has raised $131 million in a funding round led by Accel Leaders Fund, according to news reports.
The fundraising comes amid increased activity in the used-car marketplace, following Droom’s recent $3 million fund... |
| 10.03.2025 | CARS24 Ventures Into ‘New Cars’ Market With Aggregator Platform | SUMMARY
IPO-bound used car marketplace CARS24 has ventured into the new car market with an aggregator platform
With this move, the company aims to simplify the car-buying process by bringing everything under one platform
The platform will a... |
| 02.03.2025 | The Rise of Used Cars: A Shift in American Automotive Culture | In the landscape of American car ownership, a seismic shift is underway. The allure of new cars is fading, and the spotlight is now on used vehicles. This change is not just a trend; it’s a revolution. As the economy fluctuates and urban ar... |
| 28.02.2025 | Road-Tested & Wallet-Approved: 2024's Hottest Used Cars | Gurugram, Haryana, India
In 2024, India witnessed a shift in the car market. More people were opting for used cars than ever before, and the demand even outpaced new car sales! So, what exactly sparked this change in the second hand car mar... |
| 20.02.2025 | CARS24 Unveils Platform To Expand Its Loan Offerings | SUMMARY
CARS24 team told Inc42 that the website was live because the LOANS24 pilot had been going on for the last few weeks
The company said that LOANS24 initially offered used car financing but now it will provide new car financing, purcha... |
| 20.02.2025 | Cars24 to drive into personal loan space, expand car loan access | - |
| 07.02.2025 | ThinkMarkets and Trifecta Capital: Rising Stars in the Financial Landscape | In the bustling world of finance, two names have recently emerged as beacons of innovation and success: ThinkMarkets and Trifecta Capital. Both companies are carving their paths in the competitive landscape, showcasing how strategic moves a... |
| 05.02.2025 | First close of Rs 2,000 Cr Fund IV announced by Trifecta | The first close of Trifecta Capital’s fourth and biggest venture debt fund to date has been announced. For this fund, the company intends to raise Rs 2,000 crore, which includes a Rs 500 crore greenshoe option.
By providing non-dilutive fin... |
| 22.01.2025 | How CarDekho navigated Carro, Carsome to find space in SEA | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Samreen Ahmad · 1d ago · 6 min readHow CarDekho navigated Carro, Carsome to find sp... |
| 21.01.2025 | HDFC Life Announces Corporate Agency Tie-up With CARS24 Financial Services Pvt. Ltd. | Mumbai, Maharashtra, India
HDFC Life, one of India’s leading life insurers, has recently entered into a Corporate Agency tie-up with CARS24 Financial Services Pvt. Ltd.
HDFC Life Announces Corporate Agency Tie-up With CARS24 Financial Servi... |
| 23.12.2024 | Taxing times: Used cars platforms headed for a bumpy ride on GST hike | Bengaluru: After cruising at a double-digit growth rate over the past five years since the pandemic, India’s used cars platforms seem to be headed for a bumpy ride following the government’s decision to levy higher taxes on their margins on... |
| 19.12.2024 | Truecaller Launches Verified Campaign to Amplify Customer Engagement | Bengaluru, Karnataka, India
Truecaller, the leading global communications platform, today announced the launch of its latest innovation – Truecaller Verified Campaign, as part of its business offering.
As customer attention becomes increasi... |
| 28.11.2024 | ParkMate, Homversity, and Althion Secure Funding to Drive Growth and Innovation The Indian startups listed below have successfully raised capital to drive their growth and expansion plans, marking sig... |
Cactus Partners Leads USD 1.2 Mn Funding for ParkMate's Growth and Expansion
Smart parking solutions provider ParkMate has secured USD 1.2 million in a funding round led by early growth-stage venture fund Cactus Partners, with participatio... |
| 26.11.2024 | Cars24’s Revenue Jumps 25% To Near INR 7,000 Cr Mark | SUMMARY
Cars24 said that its operating zoomed 25% to INR 6,917.1 Cr in FY24 from INR 5,529.6 Cr in FY23
However, net loss also rose 7% to INR 498.4 Cr in FY24 from INR 467.7 Cr in the previous year
The unicorn claimed that its adjusted EBIT... |
| 14.11.2024 | Nykaa Appoints Abhijeet Dabas as Executive VP and Business Head of Fashion eCommerce An IIM Calcutta alumnus, Dabas brings a deep understanding of both strategic growth and consumer behavior, having h... | Nykaa, the Indian beauty and fashion eCommerce brand, has announced the appointment of Abhijeet Dabas as Executive Vice President and Business Head of its fashion eCommerce division.
An Indian Institute of Management Calcutta alumnus, Dabas... |
| 13.11.2024 | Nykaa Ropes In Former Cars24 Executive As Business Head For Fashion | SUMMARY
The company has roped in Abhijeet Dabas as executive vice president and business head for its fashion segment.
In his new role, Dabas will help in boosting the company's online growth and expand its global footprint
Nykaa recently p... |
| 26.10.2024 | Start Your Engine with CARS24's Grand Carnival Sale this Festive Season | New Delhi, Delhi, India
For generations, owning a car has symbolised freedom, progress, and new beginnings. CARS24 is bringing that dream within reach with the Grand Carnival Sale, running from 25th October to 1st November, offering unbeata... |
| 23.09.2024 | With rise in pre-owned vehicles, entry-level car demand dips | With rapidly changing customer preferences, easy availability of pre-owned vehicles and finances, entry-level new cars are witnessing a dip in demand.
The pre-owned car market volume is expected to grow by 16 per cent CAGR while the entry-l... |
| 22.08.2024 | Trust on the Line: CARS24 and Truecaller Forge a Safer Communication Path | In a world where communication can feel like navigating a minefield, CARS24 and Truecaller are stepping up to change the game. Their recent partnership aims to redefine customer experience in the AutoTech sector, ensuring that trust and saf... |
| 21.08.2024 | CARS24 and Truecaller partner to elevate customer experience with safe, efficient, and trusted business communication | Bengaluru, Karnataka, India
With the Truecaller Customer Experience (CX) solution, CARS24 provides users with a trusted, verified, and contextual communication experience.
Transforming the AutoTech landscape with enhanced trust and safety.
... |
| 20.08.2024 | Cars24 Implements Plan to Change the Used-Car Market Cars24 recently launched a new app called 'Superb App' to facilitate the 360 degrees of buying or selling a car | The automotive industry is rapidly evolving with the growing interest in electric vehicles (EVs) and changing consumer preferences. Amidst this transformation, Cars24, a leading player in the used car market in India, continues to adapt and... |
| 12.08.2024 | Cars24 Launches Super App To Integrate All Its Services | SUMMARY
The startup said one of the features under the super app is ‘Orbit’ – a car management system that gives access to features like real-time car valuation, a dashboard to track PUC, challans, insurance, among others
Cofounder Gajendra... |
| 29.07.2024 | Cars24 bags Rs 250 Cr from Singapore parent company
Recommended Stories For You | Gurugram-based auto marketplace Cars24 has bagged Rs 250 crore funding from its Singapore-based parent company Global Car Group Ltd.
The board of Cars24 has approved the allotment of 2.18 lakh equity shares to Global Car Group Ltd for Rs 25... |
| 27.07.2024 | Cars24 Bags INR 250 Cr From Singapore-Based Parent Entity | SUMMARY
The startup’s board approved the allotment of 2.18 Lakh equity shares to Singapore-based parent entity Global Car Group Limited
There was no clarity on how the Delhi NCR-based startup intends to use the newly infused funds
The fundr... |
| 25.07.2024 | The Rise of New Ventures: A Fresh Wave in India's Startup Ecosystem**
** | ** India's startup landscape is buzzing. New players are emerging, fueled by fresh capital and innovative ideas. Two recent developments stand out: Ninecamp Ventures and PROMAFT Partners. Both are poised to reshape their respective sectors,... |
| 19.07.2024 | New generation food and beverage firm Ninecamp Ventures raised $2 M Seed funding | A new generation food and beverage company called Ninecamp Ventures has raised $2 million (about Rs 16 crore) from well-known angel investors and non-institutional investors in its seed round.
A group of prestigious investors participated i... |
| 31.05.2024 | One Year since Brand Launch, Policybazaar for Business Records 40% Overall Premium Growth | Gurugram, Haryana, India
Policybazaar for Business (PBFB)*, just one year after its launch, announces its achievements in reshaping the landscape of business insurance in India. In the past year, PBFB has demonstrated an exceptional growth ... |
| 17.05.2024 | From Zerodha to Cars24, 10 unicorns to hop on government-backed ONDC | - |
| 17.05.2024 | Cars24, Zerodha, EaseMyTrip Among 12 Unicorns Joining ONDC Soon | SUMMARY
12 Indian unicorn startup signed letters of intent to join the Open Network for Digital Commerce (ONDC) at ‘ONDC Startup Mahotsav’
According to DPIIT, these unicorns will explore the use-cases for their individual products and platf... |
| 19.04.2024 | Bengaluru's Shift to Smarter Spending: Pre-Owned Car Sales Jump 87 percent | Bengaluru, Karnataka, India
Bengaluru is leading a significant shift in India's automotive scenario, with a growing number of residents opting for pre-owned vehicles. Spearheaded by CARS24, India's premier AutoTech company, the city has see... |
| 16.04.2024 | Mahendra Singh Dhoni Ventures into the EV Space: Invests in EMotorad Dhoni has invested in a number of businesses over the years, including the fitness startup Tagda Raho, the drone startup Garuda Aer... | - |
| 29.03.2024 | India’s top-funded tech startups reined in FY23 losses as revenue growth slowed | Premium
Credit: 123RF.com
India's top-funded technology startups, which went overboard with expenses to attract talent and customers in 2021-22 thanks to record venture capital funding, reined in their operating losses in the financ... |
| 12.03.2024 | Exclusive: Cars24 Pilots Service To Allow Car Owners To Hire Drivers | SUMMARY
The service was launched earlier this month for users in Gurugram and the startup plans to launch it pan-India based on the response for the pilot
As part of the pilot, Cars24 is currently offering the customers the option to hire d... |
| 26.06.2022 | Vehicle sends driver for a swim | The vehicle sent the driver for a swim in Vanderbijlpark. Photo: Traffic SA/ Twitter.
A driver was forced to swim unprepared when a vehicle they were in sent them nose-first into a swimming pool.
In reference to a flooded vehicle, CARS24 su... |
| 06.06.2022 | Carro buys 50% of Indonesian car rental firm | AcquisitionsInvestmentsNewsStartupsTransportation
Deepti Sri · 21m ago · 1 min readCarro buys 50% of Indonesian car rental firm
Singapore-based used-car platform Carro has bought a 50% stake in Mitra Pinasthika Mustika Rent (MPMRent) for US... |
| 28.04.2022 | BREAKING: India’s Tractor Junction hauls in $5.7m seed funding from AgFunder, Omnivore & others | Disclosure: AFN’s parent company, AgFunder, is an investor in Tractor Junction.
India’s Tractor Junction, an online marketplace for tractors and other farm vehicles, has raised $5.7 million in funding.
The seed round was co-led by Indian fi... |
| 12.04.2022 | Cars24 rolls out 7-day car delivery in Australia | EcommerceNewsStartups
Jenina Ibañez · 1d ago · 1 min readCars24 rolls out 7-day car delivery in Australia
Cars24, an India-based online marketplace for used cars, has launched its seven-day car delivery service in Australia.
Photo credit: C... |
| 20.12.2021 | Cars24 bags $400m to fuel SEA, Australia, UAE expansion plan | EcommerceInvestmentsNewsTransportation
Roehl Niño Bautista · 20 Dec 2021 · 2 min readCars24 bags $400m to fuel SEA, Australia, UAE expansion plan
India-based Cars24, an ecommerce platform for used vehicles, has raised a total of US$400 mill... |
| 19.12.2021 | India’s Cars24, a used-vehicle sales platform, raises $400M, now at a $3.3B valuation, to double down on growth | With supply chains in the automotive industry continuing to be disrupted due to Covid-19, demand has surged in the used-car market. Today, one of the startups that’s seeing a lot of growth as a result of that is announcing a big round of fu... |
| 26.10.2021 | Loss-making Cars24 is worth more than a profitable CarTrade — here’s why | Cars24 has raised a funding of $450 million from marquee investors of the startup ecosystem.
It is reportedly valued at $1.75 billion, followed by Droom with a $1.2 billion valuation.
CarTrade, despite being profitable, has not been able to... |
| 21.09.2021 | Why dealmaking in the sports betting and online gambling world is currently insane | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox.
Paid Content How to empower women employees through the pandemic From Capital One
Just a few year... |
| 21.09.2021 | Why dealmaking in the sports betting and online gambling world is currently insane | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox.
Just a few years ago, sports betting sat in a legally dubious place in the U.S. That was until th... |
| 20.09.2021 | Индийский стартап по продаже подержанных автомобилей с инвестициями Юрия Мильнера получил оценку в $1,84 млрд | Один из самых быстрорастущих стартапов Индии Cars24 привлек $450 млн при оценке $1,84 млрд. Компания называет себя маркетплейсом, на котором можно купить подержанный автомобиль или мотоцикл. Раунд возглавили DST Global Юрия Мильнера, Falcon... |
| 19.09.2021 | CARS24 Services Pvt. Ltd. announced that it has received INR 25.06 billion in funding from DST Global, Falcon Edge Capital, LP, SoftBank Investment Advisers (UK) Limited, Moore Strategic Ventures, LLC... | CARS24 Services Pvt. Ltd. announced that it has raised INR 25,060 million a equity round of funding led by new investor SoftBank Vision Fund 2, a fund managed by SoftBank Investment Advisers (UK) Limited, returning investors DST Global, Fal... |
| 19.09.2021 | India’s Cars24, a used-vehicle sales platform, raises $450M at a $1.84B valuation | The used car market is getting another major infusion of venture capital today, with one of the faster scaling startups out of India picking up a major round of financing to double down on growth: Cars24 — a site and app that sells users ca... |
| 02.07.2021 | Новые инвестиции Мильнера в индийский авто-маркетплейс «единорог» могут поднять его оценку вдвое | После ноябрьского раунда Cars 24 стал «единорогом» – тогда он привлек $200 млн, лид-инвестором выступил фонд Мильнера DST Global.
По словам источника Bloomberg, компания начала переговоры с фондом о новых инвестициях. Стартап намерен привле... |
| 25.12.2020 | [What The Financials] Cars24 Doubles FY20 Revenue As Losses Drop By 12% | Car marketplace Cars24, which recently entered the unicorn club, doubled its revenue in the financial year 2020. The Gurugram-based company recorded consolidated revenue of INR 3,056 Cr in FY2020, compared to INR 1,687 Cr recorded in the pr... |
| 17.10.2019 | Used cars marketplace Cars24 raises $100 mn | Payal Ganguly 17 Oct, 2019
Used cars marketplace Cars24 has raised $100 million growth capital from new and returning investors.
The round saw participation from London-headquartered investment firm Unbound and New York-based investor Moore... |
| - | The Musk-Modi show, and Tesla’s $151 billion gateway to India | New tax cuts from India could be the key Tesla and its EV competitors need to unlock the world’s third-largest auto market—but only if the government backs off on limiting sales.
For years, India has levied prohibitively high tariffs—as muc... |
| - | Cars24 Enters Unicorn Club With $200 Mn Fundraise In Series E | Gurugram-based online used car marketplace Cars24 has entered the unicorn club by raising $200 Mn in a Series E funding round led by DST Global.
Existing investors Exor Seeds, Moore Strategic Venture and Unbound also participated in the rou... |
| - | Индийский сервис по продаже подержанных машин Cars24 привлёк $450 млн при оценке в $1,8 млрд Статьи редакции | Он увеличил оценку почти в два раза с ноября 2020 года и стал самой дорогой компанией в сегменте.
Разработчик сайта и приложения Cars24 получил оценку в $1,84 млрд, это делает его самым дорогим стартапом в сфере продажи подержанных машин, с... |
| - | [What The Financials] Cars24 Doubles FY20 Revenue As Losses Drop By 12% | Infocus What The Financials
Inc42 unveils and deciphers all the important financial metrics of Indian startups across industries. Find out revenues, unit economics, profit & loss and all the important financial metrics to judge how the ... |
| - | 50 consumer startups that have raised millions from VCs over the years, including Shein, Juul, and Gopuff | Course Hero; GOAT; OfferUp; Instacart; SHEIN; Turo; StockX; Rachel Mendelson/Insider This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
These 50 companies that sell products to consumers hav... |
| - | How millennials and the pandemic are powering India's used-car market, where 4 startups hit unicorn status in one year | The pre-owned car market started to outpace the new car market during the pandemic. Hindustan Times / Getty Images
India minted four used-car unicorns between November 2020 and November 2021.
A growing middle class and the rise of the mille... |
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