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CARS24's Overview

Total employees9686
HeadquartersGurugram
Founded2015

CARS24 is a global e-commerce platform transforming the pre-owned vehicle market. Launched initially in India, it provides a streamlined and trustworthy experience for both buyers and sellers of used cars. Customers can browse a wide selection of inspected vehicles online, access financing options, and benefit from home delivery. Sellers receive instant online valuations, free inspections, and quick payment. CARS24 leverages technology, including AI-driven pricing algorithms and digital processes, to simplify transactions. The company has expanded its operations internationally to markets including the Middle East (UAE, KSA, Oman), Australia, and Southeast Asia (Thailand, Indonesia), aiming to organize the traditionally fragmented used car industry worldwide.

Where is CARS24's Headquarters?

HQ Function

The Gurugram headquarters serves as the nerve center for CARS24's global strategy, technology development, core operations management, financial planning, marketing leadership, and corporate governance.

Notable Features:

Located within the Udyog Vihar industrial and office park, the headquarters likely occupies modern office space equipped with contemporary amenities, collaborative workspaces, and robust IT infrastructure suited for a major tech company.

Work Culture:

The HQ likely fosters a fast-paced, innovative, and data-driven work environment typical of high-growth tech companies. Emphasis is placed on customer experience, operational efficiency, and achieving ambitious expansion goals.

HQ Significance:

Its location in Gurugram provides strategic access to a large pool of tech and business talent, proximity to investors and partners, and robust infrastructure, facilitating the management of CARS24's extensive domestic and international operations.

Values Reflected in HQ: The headquarters' setup likely aims to reflect CARS24's core values such as customer-centricity, innovation, transparency, and efficiency through its operational flow and employee environment.

Location:

CARS24 supports its core used car marketplace functions across multiple countries. This includes localized technology platforms tailored to each market, region-specific marketing and sales teams, networks of vehicle inspection and refurbishment centers (where applicable), customer support operations adapted to local languages and needs, and financial and operational processes compliant with varying international regulations. Key regions include India, the Middle East (UAE, KSA, Oman), Australia, and Southeast Asia (Thailand, Indonesia).

Street Address:

Plot No. 177, Udyog Vihar Phase 1

City:

Gurugram

State/Province:

Haryana

Country:

India

CARS24's Global Presence

Dubai, UAE

Address: Specific office address not publicly listed, likely located in a major business district.

Manages expansion and operations within the lucrative GCC used car market, adapting the platform to local preferences and regulations.

Mumbai, Maharashtra, India

Address: Multiple operational hubs and potentially regional offices likely exist across the city.

Supports significant transaction flow and customer interactions in one of India's largest and most economically active metropolitan regions.

Bangkok, Thailand

Address: Specific office address not publicly listed, likely in a central business or automotive-related area.

Drives growth and market penetration in Thailand, a key market in CARS24's Southeast Asia expansion strategy.

Sydney/Melbourne, Australia

Address: Operational hubs and potentially administrative offices in major Australian cities.

Establishes and grows CARS24's presence in the developed and competitive Australian automotive market.

Buying Intent Signals for CARS24

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of CARS24

As of April 2025, CARS24' leadership includes:

Vikram Chopra - Co-Founder & CEO
Mehul Agrawal - Co-Founder & COO
Ruchit Agarwal - Co-Founder & CFO
Gajendra Jangid - Co-Founder & CMO
Sonya Singh - Chief Human Resources Officer

Investors of CARS24

CARS24 has been backed by several prominent investors over the years, including:

DST Global
SoftBank Vision Fund
Alpha Wave Global
Moore Strategic Ventures
Sequoia Capital India
Tencent
Exor Seeds
Kingsway Capital
UI Investments (Yuri Milner)

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

Based on publicly available information, there have been no major C-suite executive hires or departures announced at CARS24 in the last 12 months (approx. mid-2023 to mid-2024). The core founding team appears stable in their leadership roles. Operational or VP-level changes may have occurred internally but were not widely reported.

Technology (Tech Stack) used by CARS24

Discover the tools CARS24 uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

CARS24 Email Formats and Examples

CARS24 commonly uses the first name dot last name email format for its employees. Other formats might exist but this is the most frequently observed pattern.

[first].[last]@cars24.com

Format

vikram.chopra@cars24.com

Example

85%

Success rate

News and media

Inc42May 29, 2024

After Layoffs & Restructuring, CARS24 India Arm Turns Operationally Profitable In Q4

CARS24's India division reportedly achieved operational profitability in Q4 FY24 following significant restructuring efforts and layoffs implemented over the past year, indicating a strategic shift towards sustainable growth....more

The Economic TimesMay 10, 2024

CARS24 co-founder sees path to profitability in India business

Co-founder Gajendra Jangid expressed confidence in CARS24's India business achieving profitability, emphasizing a focus on sustainable operations after a phase of rapid expansion and subsequent market corrections....more

ZawyaFebruary 14, 2024

CARS24 reports over 40% increase in UAE sales in 2023 with compact SUVs and sedans leading the charge

CARS24 announced a significant growth in its UAE operations, reporting a sales increase of over 40% in 2023, driven primarily by demand for compact SUVs and sedans in the region....more

The Economic TimesNovember 9, 2023

Cars24 in talks with investors for $100 million funding

Reports emerged that CARS24 was in discussions with existing and new investors to raise approximately $100 million in funding, potentially at a lower valuation compared to its previous round, amidst a tightening funding environment....more

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