CARS24: Funding, Investors & Team (Sep 2026)
CARS24 offers a tech-enabled marketplace used for buying and selling pre-owned cars. The company aims to revolutionize the way used cars are sold by creating an efficient and reliable way for car owners to sell their used cars at a reasonable price. It utilizes an AI-enabled pricing algorithm that displays the accurate market price as well as the appraisal price of a vehicle. The platform also books appointments for vehicle inspection. The services provided by the company helps customers sell their vehicle in a secure and efficient manner. CARS24 is backed by Exor Seeds, Moore Strategic Ventures, and Unbound. Cars24 was founded in Gurgaon, Haryana, India in 2015 by Vikram Chopra, Mehul Agrawal, Ruchit Agrawal, and Gajendra Jangid.
CARS24 has raised $200M across 1 funding round on record, the most recent an undisclosed round of $200M announced in Nov 2020.
That round is above the $5.7M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.
CARS24 Company Profile and Key Stats
Latest funding round on record: Nov 2020.
CARS24 Funding Rounds
CARS24 Founders and Leadership Team
Contact details for the CARS24 team: 1 of 1 has an email address on file.
Start 14-day free trial →CARS24 Funding Compared to Other Artificial Intelligence Startups
CARS24's latest round of $200M is above the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.
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CARS24 Funding FAQs
What does CARS24 do?
CARS24 offers a tech-enabled marketplace used for buying and selling pre-owned cars. The company aims to revolutionize the way used cars are sold by creating an efficient and reliable way for car owners to sell their used cars at a reasonable price. It utilizes an AI-enabled pricing algorithm that displays the accurate market price as well as the appraisal price of a vehicle. The platform also books appointments for vehicle inspection. The services provided by the company helps customers sell their vehicle in a secure and efficient manner. CARS24 is backed by Exor Seeds, Moore Strategic Ventures, and Unbound. Cars24 was founded in Gurgaon, Haryana, India in 2015 by Vikram Chopra, Mehul Agrawal, Ruchit Agrawal, and Gajendra Jangid.
How much funding has CARS24 raised?
CARS24 has raised $200M across 1 round on record. The most recent is an undisclosed round of $200M announced in Nov 2020.
When did CARS24 last raise funding?
CARS24's most recent funding round on record is an undisclosed round of $200M, announced in Nov 2020.
Who is the CEO of CARS24?
Vikram Chopra is listed as CEO at CARS24.
Where is CARS24 headquartered?
CARS24 is based in Gurgaon, Haryana, India.
How many employees does CARS24 have?
CARS24 is in the 1001-5000 employee band.
How does CARS24's funding compare to other Artificial Intelligence startups?
CARS24's latest round of $200M is above the $5.7M median round size for Artificial Intelligence companies on FundedIQ across 7,234 tracked companies over the last two years.
About FundedIQ's CARS24 Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for CARS24 is left off this page rather than filled in.
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