Cars24 key facts
as of Oct 2026- Operator of an online automotive marketplace intended to simplify the sale of used vehicles.
- Cars24 is valued at approximately $2.5B as of Oct 2026 (last reported valuation).
- It has raised $1.6B; the latest was Later Stage VC ($39.5M) in Aug 2025.
- Notable investors include Sequoia Capital, 500 Global, Peak XV Partners, SoftBank Investment Advisers, Alteria Capital — 37 tracked in total.
- Status: Privately Held (backing).
Cars24's last reported valuation, Jul 2024. Nothing priced has surfaced since.
- ·The complete investor list: 37 names
- ·Watch Cars24: the Monday email on marks, rounds and moves
Cars24 funding rounds
No funding rounds for Cars24 are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.
Who backs Cars24
37+Membership and data by Private Market View
Cars24 valuation
Cars24's last reported valuation was $2.5 billion in Jul 2024. No priced round, secondary trade or fund mark has surfaced since.
Cars24 investors
37 investors are on record for Cars24, including Sequoia Capital, 500 Global, Peak XV Partners and SoftBank Investment Advisers. By type, the record holds 11 venture capital firms and 2 hedge funds.
About Cars24
Operator of an online automotive marketplace intended to simplify the sale of used vehicles. The company's platform allows owners to book an appointment for inspection, price vehicles based on AI algorithms, and use data to determine which car would give the new owner the least trouble, enabling customers to buy and sell their cars seamlessly, securely, and efficiently.
- Sector
- Consumer Products and Services (B2C)
- HQ
- Gurugram, India
- Founded
- 2015
- Employees
- 6,803
- Website
- cars24.com/
- Ownership
- Privately Held (backing)
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