CARS24, an India’s leading Autotech company in the pre-owned car market, is gearing up for a quantum leap in its journey of technological transformation. In a strategic move to redefine the customer experience, the company has today announced its plan to further strengthen its technology team by bringing on board around 100 tech experts specializing…
Autotech company CARS24 has inaugurated its second Research and Development Centre (R&D) in Bengaluru, Karnataka to advance innovation, growth and building an excellent ecosystem. To lead the charge in technological advancements and fuel our growth, CARS24 is also investing in best-in-class leadership. The company has also announced the addition of Shobhit Shrivastava as the Senior…
CARS24, India’s leading auto-tech Company, has announced the appointment of Sami Alam as its Senior Director of Engineering. In this crucial capacity, Sami will spearhead the engineering team at the company, propelling innovation and enhancing the CARS24’s technological prowess. His leadership extends to overseeing engineering for CARS24’s financial arm, CFSPL, and involves close collaboration with…
CARS24, India’s e-commerce platform for pre-owned vehicles, has announced the appointment of Jayesh Sanghrajka, Executive Vice President and Deputy CFO, Infosys to CARS24 Audit Committee, effective November 1, 2021. Following the appointment of Jayesh Sanghrajka, the Audit Committee will comprise four members, with Jayesh being the first independent member. “We are extremely pleased that Jayesh…
Cars24, an e-commerce platform for pre-owned automobile transactions, has appointed Kunal Mundra as CEO of its cars vertical called Cars India. Mundra was most recently the Executive Vice President – Private Equity Portfolio Group at Bain Capital. In this new role, Mundra will be responsible for the company’s car business in India, while closely working…
Cars24, an online platform for selling pre-owned vehicles, has raised $200 million in a Series-E funding round led by DST Global at a post-money valuation of over $1 billion. Existing investors Exor Seeds, Moore Strategic Ventures and Unbound also participated in the funding round. The company will use the current funding to invest aggressively in…
CARS24 Financial Services, the lending arm of Gurugram-based auto-tech-startup CARS24, announced that it has secured Rs 10 crore debt funding from Vivriti Capital. According to a survey conducted by CARS24, 41 percent of the consumer’s intention to purchase a private car post lockdown has increased. However, availability of easy financing options has been a challenge…