Fundz

Used Vehicle Seller Cars24 Raises New Financing As Valuation Jumps To $3.3 Billion

PRIVATEDec 20, 2021

Round Type

Funding Round

GurugramInformation TechnologySoftwareinformation technology & services

Description

Bengaluru: Cars24, an online platform that sells used cars, has closed a $400 million financing round led by Alpha Wave Global, formerly Falcon Edge Capital.

Who to call at CARS24, and when

A new round usually means CARS24 is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day CARS24 raises, hires an executive or expands, scored against what you sell
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  • Who you already know at CARS24, from your own LinkedIn network

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Company Information

Company

CARS24

Location

CH Baktawar Singh Road

Gurugram, Haryana, India

About

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. By harnessing cutting-edge technology, CARS24 is revolutionizing mobility with a focus on scale, simplicity, and sustainability—empowering customers and driving industry-wide transformation across the automotive ecosystem in India and beyond.

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Fundz sees it the moment CARS24 raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Strategic

ML-powered predictions for CARS24 's next move

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CARS24 raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.