April 8 2025
Unicorns 2023

CARS24 Services Private Limited

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Founder          : Vikram Chopra
Founded in     :  2015
Sector             : e-commerce
Headquarter   : gurugram

 

Index of Distinctiveness: 
Cars24 stands out from its competitors as a distinct platform for selling used cars in India. Cars24 offers a seamless experience by providing instant price quotes, free inspections, and quick payment options, eliminating the complexities often associated with selling pre-owned vehicles. Cars24 has gained trust and emerged as a preferred choice for individuals looking to sell their cars efficiently and with utmost ease. With over 160% spike in the total expenses, the company’s loss surged 8.3X to Rs 1,834 crore in FY22 from Rs 220 crore in FY21.