CARS24, headquartered in India, remains privately held in the used car marketplace space. Investors last valued the company at $1B (post-money). Its shares do not trade on a public exchange.
2 valuations. The latest, $1B post-money, was set by the Secondary Market in Jan 2026.
DST GlobalLEAD
Alpha Wave GlobalLEADSSoftBank Vision Fund 2LEADGGlobal Car GroupLEADUUnboundLEADKKCK Global LimitedLEADPPeak XV PartnersLEADKKingsway CapitalLEADSSequoia Capital India
Accel PartnersDST GlobalAlpha Wave GlobalSoftBank Vision Fund 2Global Car GroupCARS24 is an Indian multinational online used car marketplace headquartered in Gurgaon, founded in 2015 by Vikram Chopra, Mehul Agrawal, Gajendra Jangid and Ruchit Agarwal. The platform runs a digital process for buying and selling used cars, including inspections, price discovery and paperwork such as ownership transfer, backed by an offline network that reached 202 branches across 73 Indian cities and more than 10,000 channel partners by 2019.
CARS24 expanded internationally to the UAE, Thailand and Australia in 2021 and launched CARS24 Moto for used two-wheelers in 2020. In 2023 alone, more than 200,000 used cars found new owners through the platform, and CARS24 now uses OpenAI-powered agents to handle more than a million monthly conversation minutes with customers.
Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds CARS24.
Often trade at a premium or discount to NAV.
Platforms match existing holders with buyers. CARS24 availability at any moment is set by the holders.
High minimums, transfer approval, company right-of-first-refusal.
Valuations, rounds and IPO status for every company in the directory — CARS24 included.
The closest used car marketplace peers are on the competitors page.
The routes section explains what is realistically available for a company at this stage.
No. CARS24 is a private company; its shares do not trade on a public exchange.
The last valuation is $1B (post-money, Jan 2026).
Perpetual markets for stocks, gold, indices and pre-IPO names — settled on-chain, no wallet-to-exchange transfers.
