Cars24 was founded by Ruchit Agarwal, Vikram Chopra.

Who are Cars24's investors?

Cars24's investors include 500 Global, Alpha Wave Global, Aroa Venture Partners, Fundamentum, Peak XV Partners, Raptor Group, SoftBank Vision Fund, Trifecta Capital Advisors and 2 more.

Where is Cars24 headquartered?

Cars24 is headquartered in Gurgaon, IN.

Cars24

Gurgaon, IN · 10,187 employees on LinkedIn · 14 known investors

Find your way into Cars24

1,077 people in our graph share verified history with the Cars24 team — schools, employers, funds. One of them is your warm intro.

Rahul Mehtaunlockedknows Vikram Chopra · together at Cars24 (overlapped)

knows the team · via Aetna

×8knows the team · via Infosys Technologies Ltd

×2knows the team · via Bank of America Merrill Lynch

CARS24 is an online platform for buying and selling used cars in India, offering vehicle transactions along with financing, insurance, and RTO/challan-check services. It positions itself as a used-car marketplace with related automotive services including car loans, insurance, and inspections.

E-commerce Fintech Marketplaces Mobility & Transportation

Founders & leadership

Ruchit Agarwal Co-founder · Builder Cars24Ruchit Agarwal studied commerce in Agra and attended Cornell University before working in investment banking at Bank of America Merrill Lynch. In 2014, he co-founded Cars24, an online platform for buying and selling used cars in India, alongside Vikram, Mehul, and Gajendra.

Vikram Chopra CEOVikram Chopra is CEO of CARS24, an online platform in India that facilitates buying and selling of used cars alongside financing, insurance, and vehicle inspection services. He has led the company for nearly a decade.

Jyoti Gautam

Board

Mato Peric Founding Investor & Founding Chairman of the BoardAngel

Investors · 14

500 Globallisted by 500 GlobalSan Francisco · $150K

How we know: open dataset · 500 Global portfolio 2026-08 · Not right? Tell us

Alpha Wave Globallisted by Alpha Wave GlobalMiami

How we know: Alpha Wave Global's portfolio page · Not right? Tell us

Aroa Venture Partnerslisted by Aroa Venture PartnersGurgaon · $100K – $500K

How we know: Aroa Venture Partners's portfolio page · Not right? Tell us

Fundamentumlisted by FundamentumGurugram · $10M – $25M

How we know: Fundamentum's portfolio page · Not right? Tell us

Peak XV Partnerslisted by Peak XV PartnersTrianon · $100K – $10M

How we know: Peak XV Partners's portfolio page · Not right? Tell us

Raptor Grouplisted by Raptor GroupMiami Beachvia James J. Pallotta · inferred

SoftBank Vision Fundlisted by SoftBank Vision FundLondon

Trifecta Capital Advisorslisted by Trifecta Capital AdvisorsGurugram

How we know: Trifecta Capital Advisors's portfolio page · Not right? Tell us

DST GlobalreportedGeorge Town, Grand Cayman · $100K – $200M

How we know: funding news · m.economictimes.com · Not right? Tell us

Exor SeedsreportedMilan

How we know: m.economictimes.com · Not right? Tell us

Also in the syndicate · 4

Falcon EdgeleadMoore Strategic VenturesSoftBank Vision Fund IIleadTencent

Founder mafia

5 people who came through Cars24 went on to found or lead other companies.

Anurag ChutaniLead Software EngineerFounded Intellect Mohit GargGeneral Manager - Special ProjectsFounded Mezink Shubham SikkaProduct ManagerFounded Alaroworld Arun BagariaSGM - Product ManagementFounded Travclan Kunal MundraCEO, Cars IndiaFounded Astranova Mobility

Related companies · 5

CardekhoCardekho is an online automotive marketplace and information platform that helps consumers research, compare, and purchase new and used cars in India. The platform provides car listings, pricing, reviews, specifications, and news to support car-buying decisions.

CarwaleCarWale is a digital platform offering tools and services to help car consumers evaluate and purchase vehicles at competitive prices from verified dealers. The platform serves individual car buyers and automotive retailers in India.

SpinnySpinny is an online platform for buying and selling certified pre-owned cars, offering vehicles that pass a 200-point inspection along with money-back guarantees, free RC transfer, and used-car financing. It serves individual consumers in India looking to purchase second-hand cars through a transparent, fixed-price process.

CarTradeCarTrade is an online platform offering tools and services to help consumers research, price, and buy cars from partners, and also lists vehicles for auction. Part of CarTrade Tech, it serves car buyers in the Indian automotive market.

Hindustan TimesHindustan Times is a news publication that reports on current events, covering topics such as national and regional news.

Companies working in the same space as Cars24.

Frequently asked questions

What does Cars24 do?: CARS24 is an online platform for buying and selling used cars in India, offering vehicle transactions along with financing, insurance, and RTO/challan-check services. It positions itself as a used-car marketplace with related automotive services including car loans, insurance, and inspections.
Who founded Cars24?: Cars24 was founded by Ruchit Agarwal, Vikram Chopra.
Who are Cars24's investors?: Cars24's investors include 500 Global, Alpha Wave Global, Aroa Venture Partners, Fundamentum, Peak XV Partners, Raptor Group, SoftBank Vision Fund, Trifecta Capital Advisors and 2 more.
Where is Cars24 headquartered?: Cars24 is headquartered in Gurgaon, IN.