Cars24
Founded Year
2015Stage
Debt - V | AliveTotal Raised
$1.296BValuation
$0000Last Raised
$100M | 3 yrs agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-9 points in the past 30 days
About Cars24
Cars24 is a leading AutoTech company focused on the sale, purchase, and financing of pre-owned cars. The company offers an online marketplace for buying and selling used cars, complemented by a suite of services including car financing, quality checks, warranties, and seamless documentation for transactions. Cars24 primarily serves the automotive industry with a customer base looking for pre-owned vehicle solutions. It was founded in 2015 and is based in Gurgaon, India.
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Expert Collections containing Cars24
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Cars24 is included in 4 Expert Collections, including E-Commerce.
E-Commerce
11,046 items
Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).
Unicorns- Billion Dollar Startups
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Auto Commerce
700 items
Companies involved in the rental, selling, trading, or purchasing of cars, RVs, trucks, and fleets, including auto financing companies, vehicle auction services, online classified advertising companies with a focus on auto, and dealership software platforms.
Tech IPO Pipeline
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The tech companies we think could hit the public markets next, according to CB Insights data.
Latest Cars24 News
Oct 9, 2024
Customers can choose from various options, as part of The Great Honda Fest’s triple bonanza benefits during October’ 24. 121 Views Share - Honda Cars India has introduced an Assured Buyback Program in partnership with CARS24, as part of its Great Honda Fest campaign. It aims to guarantee a future resale value for new Honda cars purchased, the press release noted. As part of The Great Honda Fest’s triple bonanza benefits during October’24, customers can choose from various options, including cash discounts, maintenance packages, assured buyback programme, and stand a chance to win gold worth up to Rs 5 lakh. Kunal Behl, Vice President, Marketing and Sales, Honda Cars India said, “Our collaboration with CARS24 to introduce Assured Buyback Programme underscores Honda’s commitment to delivering exceptional value and peace of mind, ensuring that buyers not only enjoy a world class driving experience but also a secure and rewarding resale when it’s time for an upgrade.” The Assured Buyback Program, available at all CARS24 outlets and Honda dealerships across India, offers the flexibility to plan financial decisions better, besides encouraging smoother upgrades to more advanced and new energy models. In economic downturns or market slowdowns, customers can count on the guaranteed value rather than relying on unpredictable market conditions. The company also claims clear, upfront terms ensure that customers won’t be hit with hidden fees or unexpected charges when it’s time to resell. This festive season, secure the future of your Honda and enjoy the journey ahead with complete confidence. About Honda Cars India Ltd. Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India, was established in December 1995 with a commitment to provide Honda’s passenger car models and technologies, to the Indian customers. HCIL’s corporate office is based in Greater Noida, UP and its state-of-the-art manufacturing facility is located at Tapukara, District. Alwar, Rajasthan. Honda’s models are strongly associated with advanced design and technology, apart from their established qualities of durability, reliability, safety, and fuel-efficiency. The company has a strong sales and distribution network spread across the country. Besides the new car business, Honda offers one stop solution for buying and selling pre-owned cars through its business function Honda Auto Terrace. The Honda Certified Pre-owned cars come with an assurance of quality and peace of mind that caters to the diverse and burgeoning needs of pre-owned car buyers across the country.
Cars24 Frequently Asked Questions (FAQ)
When was Cars24 founded?
Cars24 was founded in 2015.
Where is Cars24's headquarters?
Cars24's headquarters is located at 10th Floor, Tower B, Unitech Cyber Park, Gurgaon.
What is Cars24's latest funding round?
Cars24's latest funding round is Debt - V.
How much did Cars24 raise?
Cars24 raised a total of $1.296B.
Who are the investors of Cars24?
Investors of Cars24 include DST Global, Moore Strategic Ventures, EXOR Seeds, Alpha Wave Global, SoftBank and 36 more.
Who are Cars24's competitors?
Competitors of Cars24 include Carsome, Cazoo, InstaCarro, Droom, Carmerce and 7 more.
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Compare Cars24 to Competitors
Spinny is a full-stack used car trading platform that specializes in offering high-quality, thoroughly inspected second-hand cars. The company provides a transparent and seamless car buying and selling experience, featuring a rigorous 200-point quality check and a 5-day money-back guarantee for all vehicles. Spinny also offers additional services such as car financing, a one-year comprehensive warranty, and buyback options to enhance customer satisfaction. It was founded in 2015 and is based in Gurugram, India.
CarDekho is a digital automotive solutions provider specializing in the sale and purchase of new and used cars. The company offers a platform for car buyers to search, compare, and make informed decisions on vehicle purchases, as well as facilitating finance and insurance services for used cars. CarDekho primarily serves individual car buyers and sellers, as well as partnering with automotive dealerships, financial institutions, and insurance companies. It was founded in 2008 and is based in Gurugram, India.
VavaCars operates as a technology-enabled used car platform that provides a transparent and hassle-free car-buying experience, leveraging its proprietary pricing and inspection technology to make car ownership accessible and affordable. In addition to buying and selling used cars, VavaCars also offers ancillary services such as servicing and extended warranty, providing customers with a comprehensive and convenient car ownership solution. It was founded in 2019 and is based in Istanbul, Turkey.
Carro provides an online marketplace for used cars. The company offers aspects of car ownership and uses artificial intelligence (AI) enabled technology for the car ownership lifecycle, including buying, selling, and leasing second-hand cars, all facilitated through an online platform. It primarily serves the automotive industry. It was founded in 2015 and is based in Midview CIty, Singapore.
Chehaoduo operates in the used car sales industry, focusing on providing a platform for buying and selling pre-owned vehicles. The company offers services such as official vehicle inspections, a 7-day trial drive with a no-reason return policy, and comprehensive post-sale warranties to ensure customer satisfaction and vehicle reliability. Additionally, Chehaoduo facilitates online car auctions and provides financial services to assist customers in their car purchase. It was founded in 2015 and is based in Beijing, Beijing.
Droom specializes in facilitating the buying, selling, and trading of new and used vehicles. Droom offers a suite of services including vehicle inspection, certification, loans, insurance, and other automobile-related services. The company primarily serves the automotive e-commerce industry. It was founded in 2014 and is based in Gurugram, India.
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