
CARS24
A tech-first organization, looking to make inroads into the global auto-tech market in groundbreaking ways.
USD | 2022 |
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Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Company filings or news article
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Cars24 is a leading online platform for buying and selling used cars in India. The company caters to individual consumers looking for verified second-hand vehicles and offers a seamless online experience. Operating in the Indian automotive market, Cars24 provides a comprehensive service that includes easy financing options, zero down payment, and same-day disbursal with minimal documentation. The business model revolves around facilitating the purchase and sale of pre-owned cars through an online platform, ensuring convenience and transparency for its customers. Revenue is generated through transaction fees, financing services, and value-added services such as vehicle inspections and documentation handling. Cars24 also offers a 7-day return policy, allowing customers to return their purchased vehicle for a full refund if not satisfied. The company serves a wide range of clients, from first-time car buyers to those looking to upgrade their existing vehicles. With a strong presence in major Indian cities like New Delhi, Mumbai, and Bengaluru, Cars24 has established itself as a trusted name in the used car market.
Keywords: used cars, online platform, easy financing, zero down payment, 7-day return, vehicle inspection, documentation handling, Indian market, pre-owned vehicles, customer convenience.
Tech stack
Investments by CARS24
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