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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.

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Cars24 Revenue

In 2023, Cars24's revenue reached $930M. Since its launch in 2015, Cars24 has shown consistent revenue growth.

Cars24 Revenue GrowthReported revenue / ARR by year$0$200M$400M$600M$800M$1B201520162017201820192020202120222023$0$930MSource: GetLatka.com
YearMilestone
2023Cars24 Hit $930m revenue in December 2023
2015Launched 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.

Cars24 Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$750M$2B$2B$3B$4B20152016201720182019202020212015 cumulative: $0 • 2015 Founded: $02018 cumulative: $50M • 2015 Founded: $0 • 2018 Series A: $50M2018 cumulative: $100M • 2015 Founded: $0 • 2018 Series A: $50M • 2018 Series B: $50M2019 cumulative: $200M • 2015 Founded: $0 • 2018 Series A: $50M • 2018 Series B: $50M • 2019 Series D: $100M2019 cumulative: $250M • 2015 Founded: $0 • 2018 Series A: $50M • 2018 Series B: $50M • 2019 Series D: $100M • 2019 Series C: $50M2020 cumulative: $450M • 2015 Founded: $0 • 2018 Series A: $50M • 2018 Series B: $50M • 2019 Series D: $100M • 2019 Series C: $50M • 2020 Series E: $200M2021 cumulative: $900M • 2015 Founded: $0 • 2018 Series A: $50M • 2018 Series B: $50M • 2019 Series D: $100M • 2019 Series C: $50M • 2020 Series E: $200M • 2021 Series F: $450M2021 cumulative: $1B • 2015 Founded: $0 • 2018 Series A: $50M • 2018 Series B: $50M • 2019 Series D: $100M • 2019 Series C: $50M • 2020 Series E: $200M • 2021 Series F: $450M • 2021 Series G: $400M @ $3B valuation$1B2015 Founded: $0 valuation2021 Series G: $3B valuation$3BSource: GetLatka.com
YearRoundAmountValuation% Sold
2021Series G$400M$3.3B12%
2021Series F$450M--
2020Series E$200M--
2019Series D$100M--
2019Series C$50M--
2018Series A$50M--
2018Series 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.

Cars24 Team GrowthReported headcount over time02,0004,0006,0008,00010,000201520172019202120232025009,5009,500Source: GetLatka.com
YearMilestone
2025Reached 9.5K employees (November 2025)

Founder / CEO

Vikram Chopra

Vikram Chopra is listed as Founder / CEO at Cars24.

Q&A

QuestionAnswer
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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 .