Founder · Cars24

Gajendra Jangid

Co-founder & CMO of Cars24, an automotive company based in Gurugram.

Co-founder · CMOGurugramAutomotive
Founded
2015
Gurugram, Haryana, India
Raised to date
$950M
3 rounds on record
Latest round
Series G (equity)
$300M · Dec 2021

About

Gajendra Jangid is Co-founder & CMO of Cars24, an automotive company based in Gurugram, founded in 2015. Cars24's most recent disclosed round was a Series G (equity) of $300M in Dec 2021.

Compiled from StartupFox records · updates as coverage is published

Company

Est. 2015
Cars24
Automotive · Gurugram

Cars24 is a Gurugram-based used-car marketplace spanning buying, selling, financing and servicing, now rebuilt around AI across pricing, inspections, logistics and risk. Its Cars24 Labs arm invests in AI-first products and early-stage founders as the company prepares for a public listing.

Funding
Dec 2021Series G (equity)$300MAlpha Wave Global (lead), existing investors
Sep 2021Series F$450MDST Global, Falcon Edge, SoftBank Vision Fund 2 (leads), Tencent, Moore Strategic Ventures, Exor Seeds
Nov 2020Series E$200MDST Global (lead)
Company profile →3 rounds on record

Journey with Cars24

1 milestone
  1. 1 Jun 2026Milestone

    Launches Cars24 Labs with a $20M (~₹170 Cr) commitment to build AI-first products and back early-stage founders; internal AI rebuild has driven a reported 50% rise in revenue per employee. Read the story →

Also building Cars24

VCVikram ChopraCo-founder · CEO→MAMehul AgrawalCo-founder→RARuchit AgarwalCo-founder · CFO→

Coverage

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