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Preparing to float IPO to tap growth opportunities: CARS24

"IPO is a milestone and a stepping stone in our journey. We are gearing up for it internally. I…

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Used car marketplace Cars24 has raised as much as Dream11 this year to set up operation overseas

Cars24 will use the recently-raised capital to fuel its brand’s global expansion in the Midd…

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INTERVIEW: The CEO of the biggest startup in the used car e-tail explains why he is skipping the 2021 IPO frenzy

While CarTrade.com has already become a listed stock in August 2021, Droom’s founder Sandeep Aggarw…

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Cars24 raises nearly half a billion dollars, doubles it valuation to $1.84 billion

CARS24, India's leading e-commerce platform for pre-owned vehicles, has closed a $450 million round…

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Loss-making Cars24 is worth more than a profitable CarTrade ⁠— here’s why

Gurugram-based used cars marketplace Cars24 became a unicorn last year and raised some more money n…

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CARS24 now says will hire over 500 after layoffs

After slashing around 600 jobs last year, pre-owned vehicle platform CARS24 on Friday said it will …

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Spinny is the latest used car platform to join Cars24, Droom and CarDekho in unicorn club

The company said the raised capital would be utilised to bolster the customer experience, streng…

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Cars24 is India’s latest unicorn as it raises $200 million from DST Global and existing investors

Indian marketplace for second-hand vehicles Cars24 has raised $200 million in a Series E round led …

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CARS24's top brass including its global CTO and business head quit

Pre-owned e-commerce platform CARS24 on Monday saw some high-profile exits, including its global CT…

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PharmEasy falls into difficult times, lays off employees for the second time this year

After delayed its plans to go for an IPO in August 2022, Mumbai-based healthtech startup PharmEasy …

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MS Dhoni backed Cars24 closes its series D round with $100 million

The startup raised the funding from Unbound, a London-based investment firm and Moore Strategic…

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Wellness startup dealing with male menopause raises ₹5.5 crore in pre-seed funding

Wellness startup dealing with male menopause raises ₹5.5 crore in pre-seed funding

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Cars24 founder, Kunal Mundra on skipping the recent IPO frenzy

The CEO of the biggest startup in the used car e-tail, Cars24 explains why he is skipping the 2021 …

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8 mins read

Three unicorns, hundreds of crore in loss and very little market share — What's the hype around online car retailers?

In this same time span, CarTrade has hit the public market and Droom has formally announced its …

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Bike Bazaar raises $21 million from Women’s World Banking

The Pune-based company secured the funding from a consortium led by Women’s World Banking Asset …

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After Unacademy and Vedantu, Cars24 is the latest unicorn to lay off 600 employees

Calling it "business as usual", the company which has nearly 9,000-strong workforce, and is in the …

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SonyLIV on-boards over 50 advertisers for India’s tour of Sri Lanka

India’s tour of Sri Lanka comprises three ODIs and three T20s that began on July 18 and will go on …

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Amid the layoff season, these five startups are on a hiring spree

Over 11,000 people have lost their jobs so far this year and it could increase further to 60,000. E…

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11,000 and counting — that’s how bad startup job losses are after Ola, Byju’s & 22 others cut costs

Indian startups have laid off a little over 11,000 people in the last six months as the flow of cap…