Valuation
$3.3B
2023 Revenue
$930M
Funding
$1.3B
Team
9.5K
Founded
2015
How Cars24 CEO Vikram Chopra grew Cars24 to $930M revenue with a 9500 person team in 2023.
CARS24 is an Indian multinational online used car marketplace headquartered in Gurgaon. The company is considered among the four major organised players in the auto-tech sector, providing a tech-enabled platform for buying and selling pre-owned cars.
Last updated
Cars24 Revenue
In 2023, Cars24's revenue reached $930M. Since its launch in 2015, Cars24 has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2023 | Cars24 Hit $930m revenue in December 2023 |
| 2015 | Launched with $0 revenue |
Cars24 Valuation, Funding Rounds
Cars24 reached a $3.3B valuation in 2021, set during its Series G round.
Cars24 has raised $1.3B in total funding across 7 rounds, most recently a $400M Series G round in 2021.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2021 | Series G | $400M | $3.3B | 12% |
| 2021 | Series F | $450M | - | - |
| 2020 | Series E | $200M | - | - |
| 2019 | Series D | $100M | - | - |
| 2019 | Series C | $50M | - | - |
| 2018 | Series A | $50M | - | - |
| 2018 | Series B | $50M | - | - |
Cars24 Employees & Team Size
Cars24 employs approximately 9.5K people as of 2026.
Cars24 has 9.5K total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2025 | Reached 9.5K employees (November 2025) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Cars24 yet.
Frequently Asked Questions about Cars24
What is Cars24's revenue?
Cars24 generates $930M in revenue.
Who founded Cars24?
Cars24 was founded by Vikram Chopra.
Who is the CEO of Cars24?
The CEO of Cars24 is Vikram Chopra.
How much funding does Cars24 have?
Cars24 raised $1.3B.
How many employees does Cars24 have?
Cars24 has 9.5K employees.
Where is Cars24 headquarters?
Cars24 is headquartered in Gurgaon, India.
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Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .
