Cars24

Cars24 is an online used car marketplace founded in 2015 by Vikram Chopra, Mehul Agrawal, Gajendra Jangid and Ruchit Agarwal. Headquartered in Gurugram, it became a unicorn in late 2020 after raising $200 million in its Series E round.
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  • Cars24 cofounder and CFO Ruchit Agarwal announced the appointment in a blog post, describing the move as ...More

    Cars24 cofounder and CFO Ruchit Agarwal announced the appointment in a blog post, describing the move as significant for the used-car platform as it scales operations and eyes a public market listing. ...Less

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  • Pakistan bomb blast on army train in Quetta kills at least 24 soldiers and civilians

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  • Rising energy bills: How EVs, rooftop solar, induction cooking can protect your household budget and how much they actually cost

    Fuel prices are volatile, electricity tariffs are rising, and your LPG cylinder is at the mercy of global ...More

    Fuel prices are volatile, electricity tariffs are rising, and your LPG cylinder is at the mercy of global events. Here’s how switching to an EV, rooftop solar, or an induction cooktop can protect your household budget. And what it will actually cost you. ...Less

  • Second marriage & dowry harassment: SC quashes FIR against in-laws, keeps 498A case against husband

    The Supreme Court quashed FIRs against a husband's in-laws and sister in a dowry harassment case. While t ...More

    The Supreme Court quashed FIRs against a husband's in-laws and sister in a dowry harassment case. While the wife alleged they were aware of his second marriage, the court found no evidence of their active participation. The case against the husband, however, proceeds due to specific allegations of torture and dowry demands. ...Less

  • 17 prisoners illegally released from Mizoram jail using forged court orders; majority re-arrested

    Seventeen prisoners were illegally freed from Lunglei District Jail in Mizoram. Forged court documents an ...More

    Seventeen prisoners were illegally freed from Lunglei District Jail in Mizoram. Forged court documents and fake release orders facilitated their escape between January and March. Most inmates have since been traced and re-arrested. The fraud involved fabricated judicial orders. ...Less

  • India has 60 days of crude oil, 60 days of Natural Gas & 45 days of LPG rolling stock: Centre

    India is launching a national mission to conserve fuel amid global energy market turmoil. The government ...More

    India is launching a national mission to conserve fuel amid global energy market turmoil. The government assures citizens of robust energy security and ample reserves. This collective effort aims to ease the nation's financial burden from high international crude prices. Prime Minister Modi urges public participation to reduce consumption and protect foreign exchange reserves. ...Less

  • Suvendu Adhikari aide murder probe intensifies; CID takes over, no arrests yet

    The investigation into the murder of Chandranath Rath, personal assistant to BJP MLA Suvendu Adhikari, ha ...More

    The investigation into the murder of Chandranath Rath, personal assistant to BJP MLA Suvendu Adhikari, has become a focal point for the West Bengal CID. This tragic event unfolded just hours before the anticipated swearing-in of the BJP's new government. Rath was fatally shot by individuals on a motorcycle, injuring both his driver and a passenger. ...Less

  • Suvendu Adhikari PA shot dead: How Chandranath Rath was killed, here is an event-by-event breakdown

    Suvendu Adhikari PA News: Two days after the BJP's West Bengal election victory, Suvendu Adhikari's perso ...More

    Suvendu Adhikari PA News: Two days after the BJP's West Bengal election victory, Suvendu Adhikari's personal assistant, Chandranath Rath, was shot dead in Madhyamgram. Investigators believe the attack was pre-planned, with attackers using multiple vehicles and a fake number plate to intercept Rath before opening fire. The incident has triggered a political storm, with BJP leaders calling it a targeted assassination. ...Less

  • Cars24 cofounder Mehul Agrawal steps down from operating role

    Mehul Agrawal, cofounder of used car marketplace Cars24, is stepping down from his operational role after ...More

    Mehul Agrawal, cofounder of used car marketplace Cars24, is stepping down from his operational role after over a decade. He will remain on the company's Board. This move follows cofounder Gajendra Jangid's recent exit as CMO, amidst Cars24's growth and preparations for an IPO. ...Less

  • Amazon CEO on Now growth; Big Tech dials up AI spend

    In India’s hypercompetitive quick commerce space, Amazon CEO Andy Jassy said Now is growing fast. This an ...More

    In India’s hypercompetitive quick commerce space, Amazon CEO Andy Jassy said Now is growing fast. This and more in today’s ETtech Top 5. ...Less

  • Cars24 cofounder Gajendra Jangid steps down as CMO

    Cars24 cofounder Gajendra Jangid is taking a break from his CMO role. This follows other top-level change ...More

    Cars24 cofounder Gajendra Jangid is taking a break from his CMO role. This follows other top-level changes at the company. Cars24 is now aiming for an initial public offering within the next six to twelve months. The company reported strong financial performance in its latest update. This move signals significant growth and future plans for the used-car marketplace. ...Less

  • UP: Eight killed as speeding car runs over bystanders after bikes collide in Ambedkar Nagar

    A speeding car struck a group of bystanders who had gathered to assist victims of a motorcycle collision. ...More

    A speeding car struck a group of bystanders who had gathered to assist victims of a motorcycle collision. The incident occurred near Ashrafpur Bhua village. The car driver fled the scene. Police are investigating and searching for the accused. The deceased have been identified, with two remaining unidentified. ...Less

  • EVs moving at faster speed in premium lane

    India's electric car market is seeing growth in premium segments. Carmakers are launching more expensive ...More

    India's electric car market is seeing growth in premium segments. Carmakers are launching more expensive models, with sales in the ₹20-30 lakh bracket rising significantly. The share of cars below ₹10 lakh has decreased. Luxury EV demand is also strong. This trend suggests the market is expanding upwards, potentially limiting mass adoption. ...Less

  • CID takes over probe into killing of Suvendu Adhikari’s aide ahead of Bengal swearing-in ceremony

    The Criminal Investigation Department is investigating the murder of Chandranath Rath, personal assistant ...More

    The Criminal Investigation Department is investigating the murder of Chandranath Rath, personal assistant to Leader of Opposition Suvendu Adhikari. Rath was shot dead in Madhyamgram, North 24 Parganas. The incident occurred two days after the BJP's election victory. Rath's driver was also injured. A four-wheeler with a fake number plate was seized from the scene. ...Less

  • India-EU FTA to cover one-third of global trade, impacts 2 billion people: Commerce Ministry

    The India-European Union Free Trade Agreement (FTA) will cover nearly one-third of global trade and touch ...More

    The India-European Union Free Trade Agreement (FTA) will cover nearly one-third of global trade and touch around 2 billion people, making it one of the world's biggest trade deals, Additional Secretary in the Department of Commerce Darpan Jain said while addressing a Federation of European Business in India (FEBI) event on "Decoding EU-India FTA". ...Less

  • Maruti's premium play turns 10: Did it truly build a brand or just a better showroom?

    Ten years after its launch, Maruti Suzuki's Nexa is at an inflection point, preparing for Nexa 2.0 to re- ...More

    Ten years after its launch, Maruti Suzuki's Nexa is at an inflection point, preparing for Nexa 2.0 to re-engage aspirational buyers. Despite facing capacity constraints and a reliance on a few key models, the brand aims to sharpen its identity and premium experience for a younger demographic. ...Less

  • Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 27%

    In the coming quarters, two things will impact earnings: High crude oil prices and a weak rupee. A rising ...More

    In the coming quarters, two things will impact earnings: High crude oil prices and a weak rupee. A rising dollar puts pressure on the margins of all companies that import raw materials. When margins come under pressure, they lose the ability to think about, or plan for, expansions. That will show up as an impact later. However, it is not the first time (nor will it be the last) that this is happening. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame. ...Less

  • Instant house-help startup Pronto bags $20 million as valuation doubles to $200 million

    Instant house help startup Pronto has secured $20 million, doubling its valuation to $200 million. This f ...More

    Instant house help startup Pronto has secured $20 million, doubling its valuation to $200 million. This funding will fuel supply scaling amidst rising competition and demand. The company aims to onboard more professionals and expand services, following a recent surge in orders. ...Less

  • Cabinet approves two new semiconductor units worth Rs 3,936 crore under India Semiconductor Mission

    India is set to boost its semiconductor manufacturing. The Union Cabinet has approved two new units, Crys ...More

    India is set to boost its semiconductor manufacturing. The Union Cabinet has approved two new units, Crystal Matrix Limited and Suchi Semicon, with an investment of over Rs 3,900 crore. Crystal Matrix will produce advanced display components. These projects are part of India's growing semiconductor pipeline. Several semiconductor plants are expected to be ready by 2026 and 2027. ...Less

  • Maruti Suzuki shares deliver Rs 1.28 lakh crore shock from January peak. Is the worst behind?

    Maruti Suzuki shares have dropped nearly 25% from their January peak, wiping out Rs 1.28 lakh crore in va ...More

    Maruti Suzuki shares have dropped nearly 25% from their January peak, wiping out Rs 1.28 lakh crore in value amid margin and market share concerns. Brokerages remain divided, with near-term pressures persisting but strong sales momentum, healthy order backlog and improving margins expected to support a recovery in the coming quarters. ...Less

  • Over 114,000 jobs cut in tech so far in 2026 as AI drives layoffs at Amazon, LinkedIn, others

    Tech companies are implementing significant workforce reductions, with 114,210 roles cut in early 2026, d ...More

    Tech companies are implementing significant workforce reductions, with 114,210 roles cut in early 2026, driven by AI and automation. Major players like Meta, Coinbase, and Freshworks are restructuring, leading to leaner teams and a shift towards efficiency. ...Less

  • ET Prime Special Series: Multibagger or IBC - Part 57: Forging firm that supplies Tata, M&M, JCB. Nobody talks about it enough

    For over four decades, one company has been making crankshafts quietly and precisely, supplying customers ...More

    For over four decades, one company has been making crankshafts quietly and precisely, supplying customers from Tata Motors to Liebherr to Mahindra. The trouble is: Crankshafts are irrelevant in a battery EV. The company says the EV impact on its heavy-duty components is limited because trucks, tractors, and off-highway vehicles will not electrify as quickly as passenger cars. This is the story of a highly profitable forging company with a nearly 30% EBITDA margin, which is embarking on a fresh capex plan. ...Less

  • West Bengal elections: Ruckus outside counting centre in Mamata's constituency, TMC claims entry of car with BJP flag

    West Bengal Assembly Elections 2026: TMC workers in Bhabanipur alleged BJP cars entered the EVM strongroo ...More

    West Bengal Assembly Elections 2026: TMC workers in Bhabanipur alleged BJP cars entered the EVM strongroom. This incident follows Chief Minister Mamata Banerjee's protest over strongroom security. Both TMC and BJP are closely watching EVM security across West Bengal. Allegations of malpractice and tampering have been raised by the TMC. The Election Commission has denied these claims, stating surveillance was continuous. ...Less

  • Third party premiums take the wheel in motor cover growth

    TP premiums rose 9.3% in FY26, compared with 9% growth in OD, taking overall motor insurance expansion to ...More

    TP premiums rose 9.3% in FY26, compared with 9% growth in OD, taking overall motor insurance expansion to about 9% on an estimated base of ?1.08 lakh crore. This contrasts with FY24, when OD grew a stronger 17.4% against roughly 10% for TP, supported by robust vehicle sales and pricing improvements. In FY25, OD grew at 8.1% while TP grew at 7.8%. The latest shift comes despite no increase in regulated TP premium rates since the pandemic. ...Less

  • These large- and mid-cap stocks can give more than 25% return in 1 year, according to analysts

    As the stock market witnesses a recovery, what one should watch for is market breadth. Also, check which ...More

    As the stock market witnesses a recovery, what one should watch for is market breadth. Also, check which sectors are leading the rally. Why? Because, at this point of time, there are sectors and stocks which may do well just because they are witnessing a short-covering bounce. So, make a distinction between buying being witnessed in a sector at a lower level, and short covering. And remember: Short covering-led upmoves don't sustain. ...Less

  • Maruti Suzuki, Bajaj Auto, other auto stocks jump up to 5% after strong April sales

    Shares of automakers like Maruti Suzuki and Bajaj Auto rose after strong April sales data lifted sentimen ...More

    Shares of automakers like Maruti Suzuki and Bajaj Auto rose after strong April sales data lifted sentiment. The gains pushed the Nifty Auto index over 1% higher, led by robust performance from key players. ...Less

  • Mahindra dethrones Tata Motors to become top EV revenue player in FY26

    Mahindra & Mahindra has become the top electric car seller by revenue, surpassing Tata Motors. This shift ...More

    Mahindra & Mahindra has become the top electric car seller by revenue, surpassing Tata Motors. This shift occurred last fiscal year due to new electric SUV launches. Tata Motors still leads in the number of electric cars sold. Overall electric car registrations saw a significant jump. New EV models are expected to drive further growth. ...Less

  • India discusses boosting trade with UK, local currency trade settlement with Tanzania

    India and the UK are strengthening trade and investment ties. Discussions focused on maximizing benefits ...More

    India and the UK are strengthening trade and investment ties. Discussions focused on maximizing benefits from the Comprehensive Economic and Trade Agreement. Separately, India and Tanzania are exploring trade settlements in local currencies. This move aims to boost bilateral economic relations. Both nations also discussed collaboration in various sectors including mining and digital services. ...Less

  • Startups seek digital gold rules; IT firms bet on freshers

    Happy Friday! The Centre may be open to creating an oversight framework for the digital gold sector. This ...More

    Happy Friday! The Centre may be open to creating an oversight framework for the digital gold sector. This and more in today’s ETtech Morning Dispatch. ...Less

  • Toyota Kirloskar Motor's total sales up 17 pc at 32,086 units in April

    Toyota Kirloskar Motor witnessed a robust 17% surge in total sales for April 2026, reaching 32,086 units. ...More

    Toyota Kirloskar Motor witnessed a robust 17% surge in total sales for April 2026, reaching 32,086 units. Domestic sales climbed an impressive 21% to 30,159 units, showcasing strong market demand. While exports saw a dip of 23%, the company attributes its positive performance to customer focus and product quality. ...Less

  • India, UK discuss ways to boost bilateral trade

    India and the UK held a virtual meeting to boost trade and investment. Discussions focused on leveraging ...More

    India and the UK held a virtual meeting to boost trade and investment. Discussions focused on leveraging the Comprehensive Economic and Trade Agreement signed last year. The agreement aims to increase bilateral trade significantly. This pact will allow 99 percent of Indian exports duty-free entry into the UK. Tariffs on British products will also be reduced in India. ...Less

  • Quote of the day by Princess Diana: 'A mother's arms are more comforting than...' Life lessons on love, care and human nature by princess of Wales and mother of heir to the British throne

    Quote of the day by Princess Diana reflects the bond between a mother and child and highlights emotional ...More

    Quote of the day by Princess Diana reflects the bond between a mother and child and highlights emotional support in families. This explainer covers the meaning of the quote, its relevance today and the life of Princess Diana. It explores her childhood, royal journey, charity work, motherhood, divorce, death, and funeral. The article also explains her global legacy and why her words continue to be shared across generations. ...Less

  • Bright start to FY27 for carmakers with estimated sales of 4.5 lakh units in April

    Indian carmakers began the new fiscal year with robust passenger vehicle sales in April. Maruti Suzuki, H ...More

    Indian carmakers began the new fiscal year with robust passenger vehicle sales in April. Maruti Suzuki, Hyundai, and Kia reported record performances. The industry benefited from GST 2.0, repo rate cuts, and income tax relief. Overall domestic sales saw a significant increase, indicating a positive start to the financial year for the automotive sector. ...Less

  • Israeli airstrikes on southern Lebanon kill 7 despite ceasefire

    Israeli airstrikes hit southern Lebanon on Saturday, killing at least seven people. This occurred despite ...More

    Israeli airstrikes hit southern Lebanon on Saturday, killing at least seven people. This occurred despite a ceasefire in place since April 17. Villages like Kfar Dajal, Lwaizeh, and Shoukin were targeted. The Israeli military conducted about 50 airstrikes in 24 hours. Hezbollah also reported drone attacks on Israeli troops. The conflict continues along the Lebanese-Israeli border. ...Less

  • Indian car companies begin FY27 on a strong note despite geopolitical uncertainties

    Indian car sales surged 25% in April, reaching 445,417 units, driven by sustained demand post GST cuts an ...More

    Indian car sales surged 25% in April, reaching 445,417 units, driven by sustained demand post GST cuts and government incentives. Market leader Maruti Suzuki reported its best-ever monthly sales, with other major automakers like Tata Motors and Hyundai also witnessing significant year-on-year growth. ...Less

  • May Bank Holiday Monday 2026: Here's what you need to know about supermarket hours & travel chaos

    Supermarkets like Tesco, Asda, and Aldi have announced their bank holiday Monday opening times, with most ...More

    Supermarkets like Tesco, Asda, and Aldi have announced their bank holiday Monday opening times, with most offering slightly reduced hours. Meanwhile, millions of drivers are expected to face the busiest early May bank holiday on the roads in a decade, despite rising fuel costs. Several train stations will also experience closures due to engineering works. ...Less

  • West Bengal election results 2026: 10 key seats to watch as Bengal counts its votes

    Counting for the West Bengal Legislative Assembly election begins on May 4, 2026. Results will be declare ...More

    Counting for the West Bengal Legislative Assembly election begins on May 4, 2026. Results will be declared across 77 centres. The election saw a historic voter turnout of 92.93 per cent. Ten constituencies are being closely watched, including Bhabanipur, Nandigram, and Diamond Harbour. Key leaders are contesting in these seats. ...Less

  • How Volkswagen’s “E” gear changed manual driving in the 1980s

    The "E" gear in older manual cars, notably the 1981 Volkswagen Rabbit, stood for efficiency. This innovat ...More

    The "E" gear in older manual cars, notably the 1981 Volkswagen Rabbit, stood for efficiency. This innovative mechanical concept was an extra-high overdrive gear, allowing lower engine RPMs at cruising speeds to improve fuel economy and reduce wear. Though largely phased out by modern advancements, it represented a clever early approach to fuel efficiency. ...Less

  • Maruti Suzuki lines up record capex of Rs 14k cr to add capacity

    Maruti Suzuki plans a record Rs 14,000 crore capital expenditure for FY27. This investment will expand ma ...More

    Maruti Suzuki plans a record Rs 14,000 crore capital expenditure for FY27. This investment will expand manufacturing capacity to meet rising demand, especially for small cars. The company is adding new production lines in Haryana and Gujarat. This expansion is crucial as existing facilities operate at full capacity with a significant backlog of orders. ...Less

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