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RUCHIT AGARWAL
Looking to trade Vedanta shares post demerger? Here’s what charts are sayingVedanta shares remain volatile after the listing of four demerged entities, triggering fresh valuation assessment. Analysts indicate a cons...- Infosys CFO Jayesh Sanghrajka joins Cars24 board as independent directorCars24 cofounder and CFO Ruchit Agarwal announced the appointment in a blog post, describing the move as significant for the used-car platf...
- Cars24 launches AI lab, commits $20 million to AI, early-stage startupsCars24 is launching Cars24 Labs, a new initiative backed by a $20 million investment. This program will focus on developing artificial inte...
- Cars24 operating loss narrowed in FY26, revenue grew 27%: CEO Vikram ChopraUsed-car platform Cars24 reported a 27% revenue jump to Rs 1,411 crore in FY26, significantly cutting losses by 36%. The company achieved E...
- Cars24 cofounder Mehul Agrawal steps down from operating roleMehul Agrawal, cofounder of used car marketplace Cars24, is stepping down from his operational role after over a decade. He will remain on ...
- Amazon CEO on Now growth; Big Tech dials up AI spendIn India’s hypercompetitive quick commerce space, Amazon CEO Andy Jassy said Now is growing fast. This and more in today’s ETtech Top 5.
- Cars24 drives into new-car sales arena with OEM, dealer aggregator modelCars24's cofounder and chief marketing officer, Gajendra Jangid, mentioned that nearly 50% of customers selling cars on the platform buy ne...
- Cars24 nears Rs 7,000 crore topline in FY24; net loss expandsWhile higher depreciation and tech investment costs pushed up the losses, Ruchit Agarwal, cofounder and CFO of the SoftBank-backed used car...
- Byju’s under scrutiny again; Infosys’ bonus bonanzaIndian authorities have started a fresh investigation into Byju’s financing and accounting practices. This and more in today’s ETtech Top 5.
- CARS24 Financial Services partners with Credgenics to streamline collections processThe company said that the objective behind the move is to "streamline the car ownership experience for customers by introducing innovative ...
- FPI short positions on index futures build upThis ratio has fallen to 18%, close to its eight-month low levels, indicating a bearish sentiment besides potentially introducing challenge...
- Cars24 fires 600 employees across departmentsCars24, backed by Japan’s SoftBank and Alpha Wave Global, has joined a growing list of startups such as Unacademy, Vedantu, and Meesho that...
- Cars24 announces Rs 75 crore Esop buyback for current, former employeesThis is the fifth year in a row Cars24 has announced Esop buyback plans for both existing and former employees, the statement added. The to...
- Cars24 gets $450 million funding; valuation nearly doubles to $1.84 billionThe funding includes a debt component of $110 million. China’s Tencent and existing investors Moore Strategic Ventures and Exor Seeds also ...
- Online used cars marketplace Cars24 nears $250 million deal with DSTUsed-vehicle sales are booming in India because consumers are shunning mass transit systems to avoid catching Covid-19.
- Cars24 earmarks $100 million to fuel its overseas expansion plansCars24, which recently entered Australia and the United Arab Emirates, is now ready to launch its used cars business in Southeast Asia and ...
- 2020 was a good year for Cars24, founder says bold decisions amid lockdown helped it become a unicornWhile businesses felt the brunt of the pandemic, one start-up went on to become a unicorn.
- Cars24 has closed $100 million in Series D fundingLead investors Unbound and KCK Global put in $25 million each.
- Cars24 set to pick up $80 million from backersCars24 is also in advanced stages of discussions with multiple potential new investors, who are likely to put in another $25-30 million int...
- Sell Engineers India, target Rs 139: Ruchit JainSell Engineers India at a price target of Rs 139 and a stoploss at Rs 157 from entry point.
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