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CARS24 raised new capital, reaching a $1.84 billion valuation

What is CARS24?

CARS24 is an eCommerce platform for pre-owned autos.

What does CARS24 do?

The company offers a wide assortment of certified cars that can be home-delivered using an AI-enabled pricing algorithm.

Who owns CARS24?

Gajendra Jangid, Mehul Agrawal, Ruchit Agarwal, and Vikram Chopra founded the company in 2015 in Gurugram, India.

How much has CARS24 raised?

Following a $450 investment round, CARS24 is now valued at $1.84 billion. This capital was raised as a combination of a Series F funding round of $340 million, along with a $110 million in debt. 

Who has invested in CARS24?

DST Global, Falcon Edge, and SoftBank Vision Fund 2 co-led the Series F funding round.

What domain name does CARS24 operate on?

CARS24 is operating on the exact brand match domain name cars24.com.

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Tsani Gramatikova

An extroverted introvert who enjoys reading, cooking and just chilling.

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