Fundz

India’S Cars24, A Used-Vehicle Sales Platform, Raises $400M, Now At A $3.3B Valuation, To Double Down On Growth

PRIVATEDec 20, 2021

Amount Raised

$400 Million

Round Type

Funding Round

GurugramInformation TechnologySoftwareinformation technology & services

Description

With supply chains in the automotive industry continuing to be disrupted due to Covid-19, demand has surged in the used-car market. Today, one of the startups that’s seeing a lot of growth as a result of that is announcing a big round of funding to further tap the opportunity.

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
  • The decision-makers there, with verified emails
  • 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.

AI made execution free. Knowing first is the whole game now.

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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Predictive Intelligence
Strategic

ML-powered predictions for CARS24 's next move

See what Strategic adds

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.