Cars24

Representational Image. (File photo)To make the task easy and seamless, we have created a list of top pointers, mentioning what needs to be kept in mind before investing a massive amount for used cars.Purchasing a second-hand car is not at all walking in the breeze as it requires a lot of effort. From taking a spin in the city to knocking on multiple doors, the buyers have to deal with unexpected scenarios, which often land them in doubtful situations. To make the task easy and seamless, we have created a list of top…

Gaurav Gupta, cofounder and former executive at food-delivery platform Zomato, Friday announced the launch of health and wellness platform Gabit. The startup raised seed funding of $9.5 million last year from Norwest Venture Partners, and other angel invesors including Amazon senior vice president Amit Agarwal, Zomato cofounder and CEO Deepinder Goyal, Cars24 cofounder and CEO Vikram Chopra, and Cred founder Kunal Shah-led QED Innovation Labs.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

The government of India recently announced its old car scrappage policy. Under this policy, old end-of-life car owners are being provided incentives to get their cars scrapped. Now, in their attempt to further boost the scrappage of old vehicles, Cars24 has launched a new initiative. The company, with this new initiative, aims to not only contribute to the recycling of materials but also to reduce air pollution by retiring older, high-polluting vehicles. Cars24 will be providing the owners of such cars who decide to go…

Curated By: Shahrukh ShahLast Updated: November 18, 2023, 16:29 ISTPhoto is used for Representational purpose only. (Photo: Cars24) It has been reported by the Cars24 that on an average, loans worth of Rs 4.7 crore were disbursed daily on used car segment this festive season. The auto industry has witnessed massive growth this year in terms of sales. Most of the milestones have been unlocked by carmakers in November, a big credit goes to the festive season. Amid this, the pre-owned car sales numbers also achieved…

Published By: Paras YadavLast Updated: July 20, 2023, 10:53 ISTImage used for Representation. (Photo: IANS)Hatchback models dominated the total sales with 62 percent share during the June quarter of 2023 while the sedans made a stylish comeback.Pre-owned vehicle sale, purchase and financing platform CARS24 on Wednesday said vehicles worth over Rs 1,800 crore were sold to its platform in the April-June quarter of this year. The quarter also witnessed a surge in demand for pre-owned cars with as many as 30 vehicles getting…

India’s used-car sales market – which had heated up during 2021 and 2022 after supply chain constraints from Covid19 pandemic and Russia-Ukraine war – is now seeing a palpable slowdown. With profitability still a far cry for venture-backed companies like Spinny, Cars24 and CarDekho, these platforms are either putting the brakes on business expansion or exiting the segment completely.Sources told ET that SoftBank-backed Cars24 was executing a calculated expansion of cities from where it was buying cars and has stopped…

Platforms selling second-hand vehicles have flagged certain provisions of the amendments to the central motor vehicle rules that could potentially impact businesses of larger platforms.The amendments were notified in December to bring used-vehicle dealers under the regulatory ambit. The draft rules for used-vehicle dealers were originally issued in September last year following which stakeholders had submitted their views to the ministry, a source said adding that some of the concerns raised now were flagged earlier as…

As global layoffs deepen, Indian startups are not far behind and have sacked thousands of employees in the past 3-4 months, with many more to be given pink slips in the coming months amid deepening funding winter.In India, more than 21,000 employees have been laid off by more than 70 startups to day, including from unicorns like BYJU'S, Ola, MPL, Innovaccer, Unacademy, Vedantu, Cars24, OYO, Meesho, Udaan and many more.The edtech sector has laid off the most employees, with 16 edtech startups laying off more than 8,000…

After slashing around 600 jobs last year, pre-owned vehicle platform CARS24 said it will hire more than 500 employees across verticals in the next 3 months.The company said it will be hiring for both tech and non-tech related roles and has opened positions in departments including technology, product, data sciences, engineering, business, customer success, human resources, finance, marketing and sales.Last week, CARS24 saw some high-profile exits, including its global CTO Jitendra Agrawal and business head Kingshuk…

Image Source : PIXABAY Job Loss As more and more companies across the spectrum sack employees amid the global meltdown, at least 853 tech companies worldwide have laid off about 137,492 employees to date, and the tally is only going north amid recession fears. According to data from layoffs.fyi, a crowdsourced database of tech layoffs, 1,388 tech companies have fired…