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Total raised
$1.2B
5 disclosed rounds
Latest round
Series G
Dec 2021 · $400M
Web traffic
Tranco #17,813
Founded
2015
Overview

About CARS24

CARS24 was founded in 2015 (Gurugram) by Vikram Chopra, Mehul Agrawal, Gajendra Jangid and Ruchit Agarwal, operating through Cars24 Services Private Limited (incorporated 12 Dec 2015). It became a unicorn in November 2020 and later raised its valuation to roughly $3.3B in 2021. It has since expanded into auto financing and international markets.

Momentum

Growth & Risk Signals

Momentum score
60 / 100
Trend
rising
Since last round
55 mo
Risk flag
watch

Momentum is derived from funding recency, velocity, round count and scale. Risk reflects registry status and funding staleness.

Profile

Company Intelligence

Web traffic
Tranco #17,813

Buy and sell used cars, get car loans, check new car info with Cars24. Explore services like paying challan, car scrapping, maintenance, driver hire, and more.

Registry

Corporate Registry

Company class
Private
Paid-up capital
₹14.9 Cr
Authorized capital
₹15.3 Cr
Registrar
RoC-Delhi
Registered state
Haryana
CIN
U74999HR2015FTC056386

Other business activities

Source: Ministry of Corporate Affairs company master (open data). Capital figures are as-of the 2021 registry snapshot, not live.

Capital

Funding Timeline

Total raised · $1.2B
Trajectory

Funding Journey

Capital raised over time

$1.2B across 5 disclosed rounds

Backers

Key Investors

8 across 5 rounds
Metrics

Growth Metrics

Web Traffic Rank · rank
#17,813
2026-072026-07

How to read this. Each figure compares the first and the last Web Traffic Rank reading we hold for this company. Web Traffic Rank is a POSITION, so a smaller number is better: a company shown as improving has moved DOWN the rank, from a larger number to a smaller one. We are working from 1 dated reading (both in 2026-07). Two readings are a before and an after. This is a change, not a trend.

Graph

Relationship Network

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Reach

Contact & Web

Coverage

Articles about CARS24

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