Who is CARS24 CEO?
Kunal Mundra –
Kunal Mundra – CEO, Cars India – CARS24 | LinkedIn.
What is the meaning of CARS24?
CARS24 is basically a used car resale business. Basically, what CARS24 aims to offer Indian consumers is an alternative to other tedious means of selling a used car, thus making this process simple and convenient. CARS24 offers a guaranteed price on any car, regardless of the model, age or condition.
How old is CARS24?
With this in mind, we set up in 2015, and we’ve come a long way since then – from one single office, to 205 branches across 182 major cities in India. Over 4 Lakh happy customers have used our platform since.
Is CARS24 a unicorn?
CARS24 is now a Unicorn startup!
How does CARS24 make money?
Cars24 follows an asset-heavy customer-to-business (C2B) model, where it buys used cars from individuals and dealers and sells them to other dealerships. This would peg Cars24’s monthly gross merchandise value, or total sales, at about Rs 100-120 crore, with commission revenues of about Rs 4-4.8 crore per month.
Who is the owner of Car Dekho?
Girnar Software
CarDekho/Owners
Who started CARS24?
Mehul Agrawal – Co-Founder and COO – CARS24 | LinkedIn.
Who owns CARS24?
Headquartered in Haryana, India, Cars24 was founded in 2015 by Vikram Chopra, Mehul Agrawal, Gajendra Jangid and Ruchit Agarwal to buy and sell used cars online.
Why CARS24 is the only used car on the Unicorn track?
In November 2020, Cars24 pulled off something most startups can only dream of. Within just five years of its inception, the used cars startup achieved unicorn status, buttressed by a $200 million funding round in a pandemic year. In the last four years, the used cars space has been put through one trial after another.
Who is the founder of CARS24?
With industry-leading insights, we at CARS24, have been tirelessly trying to drive the supply side with our team at the wheel. Our efforts have constantly been noticed now as yet again both our founders – Vikram Chopra (CEO) and Mehul Agrawal (COO) have been featured in The Hindu Business line.
Does CARS24 take commission?
Unlike a listings-based classifieds platform, Cars24 enables the end-to-end transaction itself, charging a commission of about 4-5% for each transaction. The firm has sold under 1,00,000 cars since inception in 2015.