Page 2 - Cars24

Cars24 raises $400 mn in funding, valuation up 83% at $3.3 bn in 3 months

The investment will be utilised for the company's expansion in West Asia, Australia, and Southeast Asia, and to strengthen its foothold in India

CARS24 raises $400 mn in latest round of funding from investors

Leading e-commerce platform for pre-owned vehicles CARS24 on Monday said it has raised USD 400 million (around Rs 3,040 crore) from various financial institutions

CARS24 raised $400 mn in new funding round, now valued at $3.3 bn

India's CARS24 said it had raised $400 million in a funding round that saw participation of asset manager Alpha Wave Global, valuing the used-car retailing platform at $3.3 billion.

In the fast lane: Meet Vikram Chopra, Co-founder and CEO, Cars24

With his pre-owned cars business having almost doubled in valuation and expanding into newer areas, Chopra takes Pavan Lall through his life's journey, which has been 'bleisure' all the way

CARS24 valuation soars to $1.8 billion after raising $450 million

Fundraise includes Series F equity round of $340 mn, debt of $110 mn

CARS24 raises $450 mn, nearly doubles its valuation to $1.84 bn

CARS24 has closed a $450 million round of funding, including a $340 million Series F equity round alongside $110 million debt from diversified financial institutions.

Used vehicle startup Cars24 to raise $350 mn from SoftBank, others: Report

The fundraising would also include Falcon Edge Capital and value the startup at close to $2 billion, said the person, asking not to be named because the details aren't public

Used vehicle unicorn Cars24 nears $250 mn deal that could double valuation

Cars24 aims to make the purchase of a pre-owned vehicle as easy as buying a refrigerator or a smartphone online.

The four engines that propelled the rise of Cars24, India's latest unicorn

Co-founders of India's latest unicorn expected Covid-19 to be a speed breaker; instead it accelerated sales

Newest unicorn in town: Cars24 raises $200 mn in Series-E funding

The company was valued at over $1 bn in the funding round led by DST Global

Online used car aggregators see brisk business as demand outstrips supply

Olx says demand is 112 per cent of pre-Covid phase; Firms confident of demand sustenance beyond festivals

Get the used car you're buying inspected before making the purchase

For further peace of mind, you may purchase a warranty

Pre-owned car sellers expect a spike in demand in times of Covid-19

A study by second-hand car dealer Cars24 showed 22.5 per cent of the consumers, who were planning on buying a new car last year, would prefer used cars now due to limited budget

Used auto startup Cars24 develops vehicle matching app for dealers

Start-up looking to expand tool to chat box, payment option

Covid-19: CARS24 offers employees ESOPs in lieu of voluntary pay cut

The company, whose founders have decided to forego their salaries for the next six months amid the Covid-19 crisis, said the employees will get ESOPs worth two times the amount they invest

Used cars could see an upswing after BS-VI switch despite sales slump

The used cars space is expected to reach 6.7 to 7.2 million cars per year and be valued at Rs 50,000 crore by FY22

Used car marketplace CARS24 raises $100 million in Series-D funding

Along with two new entities, existing investors KCK, Agnelli (Fiat) Family and Sequoia India also participated in the funding round

Selling a used car made easy

Ad campaign by Cars24 says scientific inspection of a used car is surest way to get best price