CARS24 Revenue and Competitors

Gurgaon, IND

Location

$1.3B

Total Funding

eCommerce

Industry

Estimated Revenue & Valuation

  • CARS24's estimated annual revenue is currently $15M per year.(i)
  • CARS24's estimated revenue per employee is $1,425
  • CARS24's total funding is $1.3B.
  • CARS24's current valuation is $3.3B.

Employee Data

  • CARS24 has 10530 Employees.(i)
  • CARS24 grew their employee count by 5% last year.

CARS24's People

NameTitleEmail/Phone
1
Head Operations - RajasthanReveal Email/Phone
2
Head Growth - West Bengal , Assam & BiharReveal Email/Phone
3
Head SalesReveal Email/Phone
4
Head RefurbishmentReveal Email/Phone
5
Head Customer ExperienceReveal Email/Phone
6
Head Sourcing AustraliaReveal Email/Phone
7
Head Corporate Development (VP)Reveal Email/Phone
8
Director, Strategy & Planning (Australia)Reveal Email/Phone
9
Project ManagerReveal Email/Phone
10
ManagerReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$377.4M36406%$513.5M$1.8B
#2
$274.7M23525%$497.5M$300M
#3
$496.2M10740%N/AN/A
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What Is CARS24?

We are CARS24. And as our name rightly suggests, we deal in everything related to pre-owned automobiles (car & bikes) and we do it 24/7. Now, you might ask, in this sea of car re-sellers, what is it that makes us different? Well, CARS24 is more than your next-door car re-seller. It is a next-generation e-commerce platform with an edge. It is the satisfaction we provide our customers that lies at the heart of our business. We take great pride in providing the best experience to all parties involved - with sellers getting the best value for their car, and buyers getting to choose from a wide assortment of automobiles. For a company launched in just 2015, CARS24 has scaled rapidly. With a presence in 100 cities and counting, we are growing at more than a 100% rate, year on year. That's not all - CARS24 provides several other services that benefit our patrons, such as financing and warranty for its consumers. Our success is spearheaded by innovation - the invention of a unique price discovery mechanism of used autos. It includes a state-of-the-art propriety inspection app, an innovative auction format that is first-of-its-kind in the world, and an all-powerful algorithm that matches supply and demand using millions of data points.

keywords:Automotive

$1.3B

Total Funding

10530

Number of Employees

$15M

Revenue (est)

5%

Employee Growth %

$3.3B

Valuation

N/A

Accelerator

CARS24 News

2022-04-19 - Cars24 Made Over One-third Of Its Total Monthly Sales Via Chat Support | Mint

Cars24, the e-commerce platform for pre-owned vehicles, revealed that it made over one-third of its total monthly sales via chat support...

2022-04-17 - A close look: Cars24's Mega Refurbishment Lab

Cars24 today has in place seven company-owned vehicle refurbishment centres (MRLs - Mega Refurbishment Labs) in the country. These are in Delhi...

2022-04-17 - Cars24 clocked 33% of monthly sales Whatsapp, other chat channels

Nearly 20 per cent of the pre-owned cars were sold by the marketplace Cars24 via various chat channels including Whatsapp and AI chatbot.

2021-09-20 - Индийский стартап по продаже подержанных автомобилей с инвестициями Юрия Мильнера получил оценку в $1,84 млрд

Один из самых быстрорастущих стартапов Индии Cars24 привлек $450 млн при оценке $1,84 млрд. Компания называет себя маркетплейсом, на котором можно купить подержанный автомобиль или мотоцикл. Раунд возглавили DST Global Юрия Мильнера, Falcon Edge и SoftBank Vision Fund 2. Кроме них, в раунде при ...

2021-09-20 - Индийский стартап по продаже подержанных автомобилей с инвестициями Юрия Мильнера получил оценку в $1,84 млрд

Один из самых быстрорастущих стартапов Индии Cars24 привлек $450 млн при оценке $1,84 млрд. Компания называет себя маркетплейсом, на котором можно купить подержанный автомобиль или мотоцикл. Раунд возглавили DST Global Юрия Мильнера, Falcon Edge и SoftBank Vision Fund 2. Кроме них, в раунде при ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$35M123268%$2.5B
#2
$5491.2M12860N/A$1.4B
#3
$2252.7M130823%N/A
#4
$2515.4M133097%N/A
#5
$1.7M1604311%N/A