Acquiring Company
CARS24
Acquired Company
Team-BHP
GurugramGurgaonInformation TechnologySoftwareinformation technology & servicesAutomotiveDescription
Cars24 has acquired Team-BHP, India's largest automotive platform, as part of a strategy to create a more trustworthy auto ecosystem in the country. The decision comes amid cost-cutting measures that resulted in over 200 layoffs at Cars24. CEO Vikram Chopra emphasized the significance of this acquisition in improving the automotive buying experience.
Who to call at CARS24, and when
When CARS24 changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day CARS24 raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at CARS24, from your own LinkedIn network
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Fundz sees it the moment CARS24 makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Team-BHP?
Team-BHP was acquired by CARS24 , based in Gurugram. The deal was reported on April 27, 2025. CARS24 is one of India’s largest auto-tech companies with a bold vision to grow 100x in the next five years and build a $300 billion enterprise. CARS24 is privately held and operates in Information Technology.
When did CARS24 acquire Team-BHP?
CARS24 's acquisition of Team-BHP was reported on April 27, 2025. Cars24 has acquired Team-BHP, India's largest automotive platform, as part of a strategy to create a more trustworthy auto ecosystem in the country. The decision comes amid cost-cutting measures that resulted in over 200 layoffs at Cars24. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Team-BHP do?
Team-BHP is India's largest automotive community focused on providing information and insights about vehicles and the automotive industry. It is privately held, operating in Automotive, and is based in Gurgaon.
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