Cars24

What began in 2015 as a vision to simplify the complex used car market has blossomed into CARS24, a global AutoTech powerhouse. Founded in Gurgaon, India, by Vikram Chopra, Mehul Agrawal, Gajendra Jangid, and Ruchit Agarwal, the company embarked on a mission to revolutionize the way people buy and sell pre-owned vehicles. The journey started with a simple yet powerful idea: to create a transparent, efficient, and trustworthy platform that would eliminate the traditional hassles associated with the used car industry. In its early days, CARS24 focused on establishing a strong foothold in the Indian market, introducing a unique C2B (customer-to-business) model that offered car owners a seamless and quick way to sell their vehicles. This innovative approach, which included free inspections, instant payments, and handling of all paperwork, quickly gained traction and set the stage for rapid growth.

Fueled by a series of successful funding rounds and a relentless focus on technology, CARS24 expanded its services and reach at an astonishing pace. The company didn't just stop at selling cars; it ventured into financing with the launch of CARS24 Financial Services, obtaining an NBFC license to provide loans to both consumers and dealers. This strategic move further solidified its position as an end-to-end solution provider in the automotive ecosystem. The ambition of the founders knew no bounds, leading to international expansion into markets like the UAE, Australia, and Thailand. By leveraging cutting-edge technology, including an AI-powered pricing engine and state-of-the-art Mega Refurbishment Labs, CARS24 has consistently set new industry benchmarks for quality and customer experience. Today, with a presence in numerous cities and a team of thousands, CARS24 continues its journey to transform mobility and create a more sustainable automotive future, one pre-owned car at a time.