Cars24
Gurgaon, IN · 10,187 employees on LinkedIn · 13 known investors
Find your way into Cars24
972 people in our graph share verified history with the Cars24 team — schools, employers, funds. One of them is your warm intro.
Laura Buhlerunlockedknows Vikram Chopra · together at McKinsey & Company (overlapped)
×4knows the team · via McKinsey & Company
×4knows the team · via Cornell
×2knows the team · via Bank of America Merrill Lynch
knows the team · via Indian Institute of Technology, Bombay
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.
Founders & leadership
RA
Ruchit AgarwalinCo-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.
VC
Vikram ChoprainCEOVikram 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.
JG
Jyoti Gautam
Board
MP
Mato Peric
Investors · 13
500 GlobalSan Francisco · $150K
Alpha Wave GlobalMiami
FundamentumGurugram · $10M – $25M
Peak XV PartnersTrianon · $100K – $10M
Raptor GroupMiami Beachvia James J. Pallotta · inferred
SoftBank Vision FundLondon
Trifecta Capital AdvisorsGurugram
DST Globalreported · 2 sourcesGeorge Town, Grand Cayman · $100K – $200M
Exor SeedsreportedMilan
Also in the syndicate · 4
Falcon EdgeleadMoore Strategic VenturesSoftBank Vision Fund IIleadTencent
Founder mafia
4 people who came through Cars24 went on to found or lead other companies.
Competitors · 5
by search overlap
Cardekho11215 shared keywordsCardekho 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.
Carwale10624 shared keywordsCarWale 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.
Spinny8726 shared keywordsSpinny 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.
CarTrade7953 shared keywordsCarTrade 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 Times6515 shared keywordsHindustan Times is a news publication that reports on current events, covering topics such as national and regional news.
Companies competing with Cars24 for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Cars24 launches Deployment Inc with $5 million investment to build enterprise AI systems | Startup Storystartupstorymedia.com · Aug 2026
Daily Indian Funding Roundup & Key News - 10 August 2026: Bakingo Raises ₹100 Cr, AUM Ventures Closes ₹225 Cr, Cars24 Backs AI Startupstartuptalky.com · Aug 2026
Cars24 Launches Enterprise AI Company Deployment Inc, Invests $5 Mninc42.com · Aug 2026Frequently 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, Fundamentum, Peak XV Partners, Raptor Group, SoftBank Vision Fund, Trifecta Capital Advisors, DST Global and 1 more.
- Where is Cars24 headquartered?
- Cars24 is headquartered in Gurgaon, IN.