Cars 24 news

Here are some recent news updates from Cars24, a leading online used car platform:

Recent News

  1. Cars24 raises $450 million in funding: In February 2023, Cars24 announced that it has raised $450 million in a funding round led by investors such as SoftBank Vision Fund 2, Falcon Edge Capital, and others. This funding will be used to expand the company's operations in India and other markets.
  2. Cars24 launches new used car inspection process: In January 2023, Cars24 introduced a new used car inspection process, which uses AI-powered technology to inspect vehicles and provide a detailed report to customers. This aims to increase transparency and trust in the used car buying process.
  3. Cars24 partners with banks to offer financing options: In December 2022, Cars24 partnered with several banks in India to offer financing options to customers. This aims to make used car buying more accessible and affordable for a wider range of customers.
  4. Cars24 expands operations to new cities: In November 2022, Cars24 announced that it has expanded its operations to new cities in India, including Ahmedabad, Surat, and Vadodara. This aims to increase its presence in the country and provide more options to customers.

Recent Press Releases

  1. Cars24 announces expansion into new cities (November 2022)
  2. Cars24 launches new used car inspection process (January 2023)
  3. Cars24 raises $450 million in funding (February 2023)
  4. Cars24 partners with banks to offer financing options (December 2022)

Recent Interviews and Quotes

  1. Interview with Ruchit Arora, Co-Founder and CEO of Cars24: In an interview with Forbes India, Arora discussed the company's growth strategy and plans for expansion.
  2. Quote from Ruchit Arora on the used car market: "The used car market is growing rapidly, and we're seeing a significant shift towards online transactions. Our platform is designed to provide a seamless and transparent experience for customers."

Please note that the news and press releases may be subject to change, and it's always a good idea to verify the information through official sources.