Used-car market enters new era: Why more Indians are choosing used cars despite rising incomesIndia's used car market is booming, projected to hit $70 billion by FY31 as buyers increasingly choose pre-owned vehicles for value and sma...
29 Jun, 2026, 06.22 PM IST
India’s first choice for cars is going second-handIndia’s car market is shifting gears: why stretch for a new hatchback when a used SUV gets you further? A booming pre-owned market is redef...
04 Jun, 2026, 08.08 PM IST
Cars24 acquires vehicle information management startup CarInfo in Rs 400 crore dealThis is the SoftBank-backed used car sales platform’s second acquisition in the past year, following its purchase of community platform Tea...
05 Jan, 2026, 10.38 PM IST
Park+ integrates AI into mobility, parking, and car ownership servicesPark+ is integrating AI into the mobility space. The service is now present in over 130 cities.
04 Aug, 2025, 05.19 PM IST
In 2024, 76% of used car buyers are first-timers, with 60% of women opting for automatic hatchbacks: ReportIn 2024, 76 percent of Spinny’s customers were first-time buyers, up from 73 percent in 2023. Women buyers represented 26 percent of the to...
07 Jan, 2025, 02.37 PM IST
Confused as how GST hike on used car will work? Here's how a higher GST of 18% will impact individuals and businessesGST on used car sale: Consumers buying a used car now need to pay more GST. Moreover, if a business is claiming input tax credit then GST n...
26 Dec, 2024, 04.33 PM IST
Spinny cuts FY24 losses; revenue's up 14% on-yearThe Tiger Global-backed company reported a 14% year-on-year increase in operating revenue to Rs 3,725 crore for FY24, according to its fina...
04 Nov, 2024, 08.03 PM IST
Zoomcar eyes onboarding 20,000 cars by end of FY25Zoomcar, a car sharing platform, is set to expand its fleet by over 5000 cars by the end of FY24 and 20,000 cars by FY25. The expansion aim...
08 May, 2024, 08.39 PM IST
A mini industry spawns under the hood of a booming car marketIndia's car market is booming, with passenger vehicle sales and the used car market both experiencing significant growth. The used car mark...
06 Mar, 2024, 02.44 PM IST
Used car startups seek new routes as revenue tanksAccording to people tracking the sector, these firms faced the slowdown as the “growth-at-all-costs” push by venture-backed companies took ...
23 Nov, 2023, 01.53 PM IST
Used i10, Swift top pick among first-time buyers: Here are the other most popular old cars in IndiaFirst-time car buyers are increasingly opting for pre-owned cars. The rise in demand can be attributed to a change in government policies, ...
09 Nov, 2023, 05.12 PM IST
Used car startups take a U-turn as sales remain sluggishWith profitability still a far cry for venture-backed companies like Spinny, Cars24 and CarDekho, these platforms are either putting the br...
30 May, 2023, 02.08 PM IST
Spinny announces launch of stock option plan for all employees“Since the inception, we have focussed on nurturing a healthy working environment and a robust value system where we work to build a truste...
04 Oct, 2022, 10.40 AM IST
Cars24 may hit $3 billion valuation in new funding roundCars24 is considering a secondary share sale as part of the round, but it hasn’t been finalised yet.
29 Nov, 2021, 06.00 AM IST
ET Startup Awards 2021: Nominees for Comeback KidThis award celebrates failure and recognises those who have survived to tell the tale. It will be given to entrepreneurs who rebuild or lau...
24 Sep, 2021, 06.21 PM IST
India’s used car market to see significant, tech-driven growth: ReportThe car services and repairs market is likely to grow at a compounded annual growth rate of 12% to reach $25 billion by 2030, as compared t...
16 Aug, 2021, 01.08 PM IST
Spinny sells 300 used cars in lockdown, expects to return to pre-corona level volume by next monthIts online-to-offline (O2O) model allows customers to discover cars online on Spinny's website and make the final purchase offline at a Spi...
26 May, 2020, 05.32 PM IST