Cars24
Cars24 is a tech-enabled used-car platform. It offers online valuation, inspection, auctions, retail sales, financing (Loans24), insurance and paperwork services. Its customers are individual car sellers and buyers and dealer partners in India, the UAE, Australia and Thailand. Revenue comes mainly from vehicle sales through auction and retail, plus financing and service fees. Cars24 India's operating revenue was about ₹6,233 crore in FY25, down 10% from FY24, and its net loss was ₹543 crore. It raised $450M at a $3.3B valuation in December 2021 and has raised roughly $1.3B in total.
Funding
Every round, secondary, debt facility or acquisition involving Cars24 that AI Lounge tracks, newest first.
No rounds recorded yet.
Members see every AI company on AI Lounge with revenue, funding, valuation and investors, searchable and sortable, free.
Create my free account →Log in