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CARS24
CARS24
Used car marketplace ยท India ยท Founded ยท 2015 ยท โ‰ˆ ยท 6,000 ยท employees

CARS24 Funding โ€” Last Valued at $1B

Private

CARS24 has raised $776M across 9 funding rounds. The latest round valued CARS24 at $1B post-money.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
CARS24 funding ยท at a glance
Total raised, all rounds
$776M
some round sizes not disclosed
Funding rounds
9
priced rounds
Latest round
$1B
post-money ยท Jan 2026
Lead on that event
not disclosed
2026
Funding timeline

The CARS24 funding timeline

9 funding rounds, the latest highlighted.

2015
CARS24 founded

CARS24 was founded in 2015, India.

NOV 2015
Series A

500 Global, Asia Venture Group, Venture Highway, DST Global, Pitango, AmpVentures. $14.8M raised, led by Kingsway Capital.

Valuation basisโ€”Amount$14.8MPrice / shareโ€”LeadKingsway Capital
AUG 2017
Series B

Kingsway Capital, DST Global. $27.2M raised, led by KCK Global Limited.

Valuation basisโ€”Amount$27.2MPrice / shareโ€”LeadKCK Global Limited
JUN 2018
Series C

Kingsway Capital, Exor Seeds, Venture Highway. $50M raised, led by KCK Global Limited, Peak XV Partners.

Valuation basisโ€”Amount$50MPrice / shareโ€”LeadKCK Global Limited, Peak XV Partners
SEP 2019
Series D

DST Global, Exor Seeds, Peak XV Partners, Moore Strategic Ventures, Mahendra Singh Dhoni. $100M raised, led by Unbound, KCK Global Limited.

Valuation basisโ€”Amount$100MPrice / shareโ€”LeadUnbound, KCK Global Limited
NOV 2019
Strategic investment

A primary round โ€” the company sells new shares to investors it selects. $44M raised, led by Global Car Group.

Valuation basisโ€”Amount$44MPrice / shareโ€”LeadGlobal Car Group
NOV 2020
Series E

Exor Seeds, Moore Strategic Ventures, Unbound, Peak XV Partners. $200M raised, led by DST Global.

Valuation basisโ€”Amount$200MPrice / shareโ€”LeadDST Global
SEP 2021
Series F

Tencent, Exor Seeds, Moore Strategic Ventures. $340M raised, led by DST Global, Alpha Wave Global, SoftBank Vision Fund 2.

Valuation basisโ€”Amount$340MPrice / shareโ€”LeadDST Global, Alpha Wave Global, SoftBank Vision Fund 2
DEC 2021
Unicorn round at $3.3B post-money

A primary round โ€” the company sells new shares to investors it selects.

Valuation basispost-moneyAmountโ€”Price / shareโ€”Leadโ€”
JAN 2026LATEST
Secondary Market at $1B post-money

Existing holders selling; buyers approved by the company.

Valuation basispost-moneyAmountโ€”Price / shareโ€”Leadโ€”
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

CARS24 funding rounds in full

9 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Secondary Market LATEST
Jan 2026
โ€”
$1Bpost-money
โ€”
โ€”
โ€”
Unicorn round
Dec 2021
โ€”
$3.3Bpost-money
โ€”
โ€”
โ€”
Series F
Sep 2021
$340M
โ€”
โ€”
DST Global, Alpha Wave Global, SoftBank Vision Fund 2
Tencent, Exor Seeds, Moore Strategic Ventures
Series E
Nov 2020
$200M
โ€”
โ€”
DST Global
Exor Seeds, Moore Strategic Ventures, Unbound, Peak XV Partners
Strategic investment
Nov 2019
$44M
โ€”
โ€”
Global Car Group
โ€”
Series D
Sep 2019
$100M
โ€”
โ€”
Unbound, KCK Global Limited
DST Global, Exor Seeds, Peak XV Partners, Moore Strategic Ventures, Mahendra Singh Dhoni
Series C
Jun 2018
$50M
โ€”
โ€”
KCK Global Limited, Peak XV Partners
Kingsway Capital, Exor Seeds, Venture Highway
Series B
Aug 2017
$27.2M
โ€”
โ€”
KCK Global Limited
Kingsway Capital, DST Global
Series A
Nov 2015
$14.8M
โ€”
โ€”
Kingsway Capital
500 Global, Asia Venture Group, Venture Highway, DST Global, Pitango, AmpVentures
CARS24 ยท investors

Investors

DST GlobalLEADAlpha Wave GlobalLEADSSoftBank Vision Fund 2LEADGGlobal Car GroupLEADUUnboundLEADKKCK Global LimitedLEADPPeak XV PartnersLEADKKingsway CapitalLEADSSequoia Capital IndiaAccel Partners

Frequently asked questions

Who are CARS24's competitors?โ€บ

The closest used car marketplace peers are on the competitors page.

How can I get exposure to CARS24?โ€บ

The routes section explains what is realistically available for a company at this stage.

Is CARS24 publicly traded?โ€บ

No. CARS24 is a private company; its shares do not trade on a public exchange.

What is CARS24's valuation?โ€บ

The last valuation is $1B (post-money, Jan 2026).

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