CARS24 acquires CarInfo for ₹118 crore, marking a strategic move to deepen its presence in India’s fast-growing automotive technology space. The acquisition allows CARS24 to integrate CarInfo’s large vehicle database and consumer app into its used-car and mobility ecosystem.
Industry experts say the deal will help CARS24 expand beyond car buying and selling into data-driven automotive services.
Who Are the Companies Involved
The acquisition was made by CARS24, one of India’s largest online platforms for buying and selling used vehicles.
CarInfo, the acquired company, operates the popular CarInfo app, which allows users to check:
- Vehicle registration details
- Owner history
- Insurance status
- Challans and compliance data
CarInfo has built a strong user base by offering quick and easy access to official vehicle data.
Why CARS24 Acquired CarInfo
There are clear reasons why CARS24 acquires CarInfo for ₹118 crore.
Access to Rich Vehicle Data
CarInfo’s database helps CARS24:
- Improve car pricing accuracy
- Reduce fraud and information gaps
- Enhance trust for buyers and sellers
Stronger Consumer Engagement
CarInfo brings millions of users who regularly check vehicle details—giving CARS24 a powerful funnel for customer acquisition.
How the Acquisition Benefits CARS24
With CARS24 acquires CarInfo for ₹118 crore, the combined platform can offer:
- Seamless vehicle verification
- Faster car transactions
- Better insights across the car ownership lifecycle
This strengthens CARS24’s ambition to become a full-stack automotive platform rather than just a marketplace.
What Happens to the CarInfo App
CARS24 has indicated that CarInfo will continue to operate as a standalone app for now. Over time, deeper integration is expected, including:
- Shared data systems
- Cross-platform services
- Embedded buying and selling options
Users are unlikely to see immediate disruption.
Growing Importance of Auto-Tech Data
The deal highlights the rising value of automotive data in India. Accurate vehicle information is critical for:
- Used-car transactions
- Insurance underwriting
- Financing and loans
- Compliance and resale
By acquiring CarInfo, CARS24 gains a competitive edge in this data-driven segment.
Impact on India’s Used Car Market
As CARS24 acquires CarInfo for ₹118 crore, competition in the used-car space is expected to intensify.
The move could:
- Raise standards for transparency
- Push rivals to invest in data and tech
- Improve consumer confidence in used-car buying
This is positive for the overall ecosystem.
Challenges Ahead
Despite the strategic fit, challenges remain:
- Data accuracy and regulatory compliance
- Integrating platforms smoothly
- Monetising free data services
Execution will be key to realising the full value of the acquisition.
Conclusion
The announcement that CARS24 acquires CarInfo for ₹118 crore marks an important step in the evolution of India’s auto-tech industry. By combining marketplace scale with deep vehicle data, CARS24 is positioning itself as a comprehensive mobility and automotive intelligence platform—setting the stage for its next phase of growth.
