Monday, July 13, 2026 Home
Startup Atlas · Auto-tech

CARS24 Unicorn

Cars24 Services Private Limited Gurugram, Haryana Founded 2015 cars24.com ↗
Vikram Chopra · Co-founder & CEO Mehul Agrawal · Co-founder; COO until stepping down from the operating role in April 2026, remains on the board Gajendra Jangid · Co-founder & CMO; transitioned to an advisory/brand role in 2026 Ruchit Agarwal · Co-founder & CFO
$1.08 BnTotal funding (tracked)
8Funding rounds
27 Jul 2024Last round

CARS24: Funding Rounds

Series A: $14.8MNov '15Series B: $27.2MAug '17Series C: $50MMar '18Series C (extension): $9.3MOct '18Series D: $100MAug '19Series F (equity + debt): $450MSep '21Series G (equity + debt): $400MDec '21Corporate / equity investment: $29.8MJul '24

Disclosed round amounts over time, USD millions.

Date Round Amount Investors Source
27 Jul 2024 Corporate / equity investment INR 250 crore Global Car Group Limited (Singapore-based parent) source
19 Dec 2021 Series G (equity + debt) $400M total ($300M equity Series G + $100M debt) Alpha Wave Global Alibaba DST Global Exor Seeds Moore Strategic Ventures Raptor Group SoftBank Vision Fund 2 Tencent source
20 Sep 2021 Series F (equity + debt) $450M total ($340M equity Series F + $110M debt) SoftBank Vision Fund 2 DST Global Exor Seeds Falcon Edge Capital Moore Strategic Ventures Tencent source
13 Aug 2019 Series D $100M Exor (Agnelli Family) KCK Moore Strategic Ventures Sequoia Capital India Unbound source
10 Oct 2018 Series C (extension) $9.3M Exor source
16 Mar 2018 Series C $50M KCK Global Limited Peak XV Partners (then Sequoia Capital India) source
18 Aug 2017 Series B $27.2M KCK Global Limited source
25 Nov 2015 Series A $14.8M Kingsway Capital source

CARS24: Investors

Global Car Group Limited (Singapore-based parent) Alpha Wave Global Alibaba DST Global Exor Seeds Moore Strategic Ventures Raptor Group SoftBank Vision Fund 2 Tencent Falcon Edge Capital Exor (Agnelli Family) KCK Sequoia Capital India Unbound Exor KCK Global Limited Peak XV Partners (then Sequoia Capital India) Kingsway Capital

Acquisitions

DateAcquirerAcquiredAmountSource
11 Mar 2026 CARS24 vehicle-info undisclosed source
5 Jan 2026 CARS24 carinfo-velocitypedia-private-limited Rs 118 crore source
23 Apr 2025 CARS24 team-bhp undisclosed source

FAQs on CARS24

How much funding has CARS24 raised?

CARS24 has raised $1.08 Bn across 8 tracked funding round(s), most recently on 2024-07-27. Figures are compiled from cited public sources.

Who are the investors in CARS24?

Investors in CARS24 include Global Car Group Limited (Singapore-based parent), Alpha Wave Global, Alibaba, DST Global, Exor Seeds, Moore Strategic Ventures, Raptor Group, SoftBank Vision Fund 2.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: tracxn.com · Last verified 13 Jul 2026. · Report a correction