The Latest Breaking News from Cars24

Cars24 is gearing up to submit its draft red herring prospectus for an anticipated IPO in India by April 2026. The company is in the midst of a strategic shift, returning operations from Singapore to India, a transition projected to take six to nine months. With a robust valuation of…

Streamlined used-car platforms are revolutionizing the buying experience by presenting pre-approved loan options with transparent charges. Unlike traditional banks that may provide attractive rates, they often require lengthy paperwork. It’s essential for buyers to evaluate interest rates and associated costs prior to financing. Financing eligibility is determined by credit scores,…

India's booming used car market sees online valuations as a starting point, not a final offer. While platforms like Cars24 aim for transparency, a gap often exists between initial estimates and final prices due to condition discrepancies and shifting market demand. Understanding these factors is crucial for sellers navigating the…

Cars24 is launching Cars24 Labs, a new initiative backed by a $20 million investment. This program will focus on developing artificial intelligence products and supporting early-stage founders. Cars24 aims to provide capital, mentorship, and infrastructure to help innovators build the next generation of AI businesses. The company is also preparing…

Former Cars24 India used-car CEO Himanshu Ratnoo has joined EMotorad as cofounder, bringing his expertise to the electric cycle company. Ratnoo aims to scale EMotorad's global presence, building on the company's existing success in Europe and its expansion into 18 countries.

Despite Rs 580 crore of public money being used to construct an eight-storey parking facility, including a basement, in Noida, only 10 percent of it is open to the public. Most of it is being used as a warehouse by dealers of major automobile brands, from MG to Tata.