Cars24

Gurugram, India · Founded 2015 · Privately Held (backing)

Operator of an online automotive marketplace intended to simplify the sale of used vehicles. Cars24 is based in Gurugram, India and was founded in 2015. Its last reported valuation was $2.5 billion in Jul 2024. It has raised $1.6 billion.

Last reported valuation
$2.5B
Oct 2026
Priced at
—
Total raised
$1.6B
Last round
—

Who backs Cars24?

37 investors
InvestorType
Sequoia CapitalVenture capital
500 GlobalOther
Peak XV PartnersVenture capital
SoftBank Investment AdvisersGrowth equity
Alteria CapitalVenture capital
DST GlobalVenture capital
B Capital GroupVenture capital
Raptor GroupVenture capital
Hub71Other
Alpha Wave GlobalGrowth equity
+ 27 more investors · a free account shows the complete list
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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.

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