CARS24
CARS24 is a technology-driven marketplace that is transforming the pre-owned automotive industry in India. Founded in 2015 and headquartered in Gurugram, the company operates in over 200 markets across India and has expanded internationally. CARS24 simplifies car transactions through digital innovation, offering services such as instant car valuation, doorstep inspections, and quick sales with guaranteed purchases and instant payments. The company provides a curated inventory of certified pre-owned cars, ensuring quality assurance for buyers. Additionally, CARS24 Financial Services offers financing, insurance, and maintenance solutions. With a focus on convenience and reliability, CARS24 primarily serves individual car owners and buyers, facilitating over 400,000 transactions and attracting 13 million monthly users by December 2021. Its AI-driven tools and comprehensive ecosystem position CARS24 as a leader in the automotive e-commerce space.
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Headcount trend
CARS24 went from 4,138 employees in Jul 2023 to 4,767 in Jun 2025. Jan to Jun 2025: 569 people joined, 338 left.
Headcount data through Jun 2025
Org structure
Headcount by department
Funding
- Jul 2024 · $29.8M
- Dec 2021 · Series G · $300M · Alpha Wave Global, DST Global, SoftBank Vision Fund 2
- Dec 2021 · Series G · $300M · Alpha Wave Global, DST Global, SoftBank Vision Fund 2
- Dec 2021 · Series G · $300M · Alpha Wave Global, DST Global, SoftBank Vision Fund 2
- Dec 2021 · Series G · $300M · Alpha Wave Global, DST Global, SoftBank Vision Fund 2
- Dec 2021 · Series G · $300M · Alpha Wave Global, DST Global, SoftBank Vision Fund 2
- Dec 2021 · Series G · $300M · Alpha Wave Global, DST Global, SoftBank Vision Fund 2
- Dec 2021 · Series G · $300M · Alpha Wave Global, DST Global, SoftBank Vision Fund 2
- Nov 2021 · Debt Financing · $20M · Commercial Bank of Dubai
- Sep 2021 · Series F · $340M
- Aug 2021 · Series F · $259M · Alpha Wave Incubation, BloombergSen Investment Partners, DST Global
- Jul 2021 · Debt Financing · $100M · Trifecta Capital Advisors
- Nov 2020 · Series E · $200M · DST Global, Exor Seeds, Unbound
- Nov 2019 · Venture · $3.1B · Global Car Group
- Oct 2019 · Series D · $100M · Agnelli Family, DST Global, Euler Capital
Salaries at CARS24
All salaries88 salary profiles in India
Most reported roles
Layoffs
DetailsNo layoffs reported in the last 12 months.
- May 2025 · 120 roles · Gurugram, India
- Apr 2025 · 200 roles · Gurugram, India
Peer reviews
Worked with someone at CARS24?
Anonymous peer reviews on OffTheRecord
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CARS24 FAQ
How many employees does CARS24 have?
CARS24 has about 4,767 employees, down 0.1% over the 3 months to Jun 2025.
Has CARS24 had layoffs in 2026?
No layoffs at CARS24 have been reported in 2026 so far. The most recent reported layoff affected 120 employees on May 27, 2025.
What is CARS24's revenue per employee?
CARS24 makes about $195K in revenue per employee, based on $930.3M annual revenue and 4,767 employees.
How much does CARS24 pay?
6figr has 88 salary profiles for CARS24 in India, with pay broken down by role, level and gender on the CARS24 salaries page. See CARS24 salaries
How much funding has CARS24 raised?
CARS24 has raised $3.14B in total funding.
Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.
