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Who is the owner of Cars24 in India?

Asked by Anonymous Sep 02, 2026 0 views 1 answers
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Answered Sep 02, 2026

Cars24 is a prominent technology-enabled pre-owned vehicle e-commerce platform in India that operates as a privately held corporate entity rather than being owned by a single individual. The company was co-founded by a team of entrepreneurial leaders, including Ruchit Agarwal, Mehul Agrawal, Vikram Chopra, and Gajendra Jangid, who retain significant equity stakes and operational control. Over successive funding rounds, ownership has expanded to include major international venture capital firms, private equity funds, and institutional investors—such as SoftBank Vision Fund, DST Global, and Alpha Wave Global—who hold substantial shares supporting its marketplace expansion across India and international markets.

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