
Cars24 sells used cars and operates financing, insurance, vehicle-information, and road-safety businesses.
cars24.comCrawled Oct 26, 2026
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Cars24 offers used car sales, loans, and new car information, along with services like paying challan, car scrapping, maintenance, and driver hire.
Cars24 anticipates meeting the requirements to submit its draft red herring prospectus (DRHP) by April 2024. The company completed its reverse merger from Singapore back to India, a key step toward its initial public offering (IPO) process.
Sep 2026LivemintNews article
Cars24 reports a **27% year-over-year increase in adjusted net revenue** for FY26, reaching **₹1,411 crore**. The company also reduces its **EBITDA loss by 36%**, though specific figures remain undisclosed. The growth reflects expansion in its used-car sales platform operations.
May 2026ET AutoNews article
Cars24 acquires Vehicle Info to develop a full-stack vehicle ownership platform. The move extends its focus beyond transactions into automotive utility services. Cars24 aims to integrate Vehicle Info’s capabilities into its ecosystem.
Mar 2026Inc42News article
Used-car platform Cars24 secures $400 million in funding, boosting its valuation by 83% to $3.3 billion within three months. The company operates as a digital marketplace for pre-owned vehicles, facilitating transactions between buyers and sellers. This latest round reflects strong investor confidence in its rapid growth and market expansion.
Dec 2021Business StandardNews article