About Cars24
Industry:
Auto Tech
Founded:
2015
Founders:
Vikram Chopra, Mehul Agrawal, Gajendra Jangid, Ruchit Agarwal
Status:
Unicorn
Funding & Growth
Total Raised:
$900M
Valuation:
$3.3B
Stage:
Series G
Key Investors:
DST Global
SoftBank
Tencent
Sequoia
✓ Pros
- • Disrupting used cars
- • International expansion
- • Strong funding
✗ Cons
- • High pressure
- • Layoffs in 2022