CARS24 CASE STUDY
CARS24 CASE STUDY, FUNDING, BUSINESS MODEL, REVENUE MODEL, INVESTORS, COMPETITOR

Co-Founder and CEO: Vikram Chopra

CARS24 BUSINESS MODEL
Cars24 is an online marketplace that allows users to buy and sell pre-owned cars.

FUNDING
Cars24 Total Funding: $256.9M
Jun 2018, $50M in Equity Round.
March 2019, $11M in Equity Round.
Sep 2019, $52M in Series D.
Oct 2019, $100M in Series D.
Nov 2019, $44M in Equity Round.
INVESTORS
Asia Venture Group, Sequoia, KCK Global Ltd, Venture Highway, Exor, Unbound, MS Dhoni.
ESTIMATED ANNUAL REVENUE
$242.6M

DISCOVER
FOUNDED: 2015
FOUNDER: Vikram Chopra
HEADQUARTERS: Gurugram, Haryana
ESTIMATED ANNUAL REVENUE: $242.6M
EMPLOYEES: 3,000+
Industry Sector: Application Software
FACEBOOK FOLLOWERS: 361,172+
TWITTER FOLLOWERS: 1,567+
BRANCHES: 150+
CITIES: 35+
COMPETITORS
CarDekho, CarTrade, Droom, Carwale, Spinny, Carnation, Autoportal, Checkgaadi, News Republic.
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CARS24 COMPANY CASE STUDY, FUNDING, BUSINESS MODEL, REVENUE MODEL, INVESTORS, COMPETITOR