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Company pair · E-commerce
VS

CARS24 vs Quince: Valuation, Funding, Trajectory

E-commerce Both private IN · US No Canborsa market

This comparison puts CARS24 next to Quince within ecommerce on size, funding and trajectory.

On this pageSide by sideValuation marksWhat each disclosesVerdictFAQ
CARS24PRIVATE · IN
QuincePRIVATE · US
VS
Last valuation$1.03B$4.5B
Basis Post-money Post-money
As ofJan 2026Jul 2025
Founded20152018
Employees≈6,000≈800
On CanborsaNo marketNo market
At a glance
$1.03B
CARS24Post-money, Secondary Market · Jan 2026
$4.5B
QuincePost-money, Series D · Jul 2025
4.37×
GapBoth post-money, 6 months apart
0 of 2
On CanborsaNeither company has a market
VS
Head-to-head · field by field

CARS24 vs Quince — side by side

Field
CARS24PRIVATE · FOUNDED 2015
QuincePRIVATE · FOUNDED 2018
VS
Last valuation
$1.03B Post-money
$4.5B Post-money
Valuation date
15 Jan 2026
1 Jul 2025
Valuation basis
Post-money
Post-money
Latest round
Secondary Market
Series D
Named investors
Sequoia Capital India DST Global Accel Partners
Notable Capital Wellington Management Iconiq Capital Founders Fund
Founded
2015
2018
Employees (est.)
≈6,000
≈800
Sector & HQ
Used car marketplace · 🇮🇳 IN
E-commerce (manufacturer-to-consumer apparel and home goods) · 🇺🇸 US
Status & market
Private — no Canborsa market
Private — no Canborsa market
Valuation · both companies on one scale

Valuation marks

Each bar is the last disclosed mark — $1.03B for CARS24 (post-money, Jan 2026) and $4.5B for Quince (post-money, Jul 2025).

CARS24
$1.03BPost-money · Jan 2026
Quince
$4.5BPost-money · Jul 2025
CARS24 · $1.03B · JAN 2026QUINCE · $4.5B · JUL 2025
CARS24 vs Quince · what each company discloses

What each company discloses, and what it leaves out

CARS24PRIVATEE-commerce · IN · 2015
+Last disclosed mark $1.03B — post-money, Jan 2026.
+Founded 2015 .
+≈6,000 employees.
+
QuincePRIVATEE-commerce · US · 2018
+Last disclosed mark $4.5B — post-money, Jul 2025.
+Founded 2018 .
+≈800 employees.
+Latest round: Series D, $200M raised, led by Iconiq Capital.
Verdict

Verdict

The $1.03B tells you…
What an investor paid for newly issued shares — a primary round, priced post-money.
The size of that round is undisclosed.
A dated print: it moves only when a newer round is announced.
The $4.5B tells you…
What an investor paid for newly issued shares — a primary round, priced post-money.
How much capital arrived with it:$200M, led by Iconiq Capital in Jul 2025.
A dated print: it moves only when a newer round is announced.

Both marks are post-money, so 4.37× compares like with like. Both are private: there is no public quote and no Canborsa market on either name.

Frequently asked questions

What industries are CARS24 and Quince in?›

CARS24's sector is Used car marketplace; Quince's sector is E-commerce (manufacturer-to-consumer apparel and home goods).

Which is worth more, CARS24 or Quince?›

CARS24 is valued at $1B, and Quince at $4.5B.

Where are CARS24 and Quince headquartered?›

CARS24's headquarters is in India; Quince's is in San Francisco, California.

Where are CARS24 and Quince incorporated?›

CARS24 is based in India; Quince is based in United States.

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