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2 mins read

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…

PTI   


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1 min read

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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16 mins read

The risky allure of WiFi Money: private jets, sports cars, and ruined investors

A motley crew of Instagram-obsessed, hustle-culture influencers made millions. In their wake, they …

Rob Price   


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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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1 min read

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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3 mins read

From Ukrainian noodles to electric cars. Here's how VinFast founder Pham Nhat Vuong built a more than $60 billion fortune

After selling his instant noodle business to Nestle for $150 million, Pham Nhat Vuong invested in V…

Matthew Fox   


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3 mins read

Industries from cars to coal to ice cream could be impacted by Baltimore bridge collapse

The bridge collapse has blocked shipments in and out of the Port of Baltimore, which handles a high…

Kelsey Vlamis,Dominick Reuter   


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2 mins read

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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1 min read

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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6 mins read

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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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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1 min read

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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1 min read

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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2 mins read

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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4 mins read

India’s rich to shell out more for luxury cars, global travel but may have more to invest

The Union Budget 2023-24 is being hailed as the common man’s budget, but at the same time many …

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3 mins read

Victim of a car theft? Here is all you need to know about claims

In case of vehicle theft, report to the police and inform the insurance provider immediately to ens…

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3 mins read

Cars from the royal-era: 1922 Daimler, 2-door Bentley make heads turn at Vadodara vintage car show

The post-war Rolls Royce Silver Wraith, bearing its royal insignia, drew a lot of eyeballs durin…

PTI   


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2 mins read

EXCLUSIVE: Cars24, a startup selling used cars, wants outlets in 300 cities and is looking for potential franchisees

Indian used cars startup Cars24 is adopting the franchise model to expand across the country. This …

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2 mins read

EXCLUSIVE: Cars24 is racing towards profitability as Indians choose used cars over new ones

Indian used cars platform Cars24 is set to breakeven by December 2019. Having raised over $100 mill…

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2 mins read

Project Veritas sues its founder James O'Keefe, alleging he set up a competitor and wooed donors while on the company's payroll

James O'Keefe violated his contract by setting up a competitor and wooing donors from a confidentia…

Jacob Shamsian,Sonam Sheth