Founded Year

2015

Stage

Debt - V | Alive

Total Raised

$1.296B

Valuation

$0000 

Last Raised

$100M | 4 yrs ago

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-22 points in the past 30 days

About Cars24

Cars24 focuses on the buying and selling of used cars and provides related automotive services. The company has an online platform for purchasing and selling pre-owned vehicles, and offers services such as used car valuation and car loans. Cars24 also provides car servicing, repair, scrapping, and vehicle challan management. It was founded in 2015 and is based in Gurgaon, India.

Headquarters Location

Medanta the Medicity, Sector 38 Tower C, 7th Floor, SAS Towers

Gurgaon, 122001,

India

+91 1800 258 5656

Loading...

Loading...

Expert Collections containing Cars24

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Cars24 is included in 4 Expert Collections, including E-Commerce.

E

E-Commerce

11,424 items

Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).

U

Unicorns- Billion Dollar Startups

1,309 items

A

Auto Commerce

700 items

Companies involved in the rental, selling, trading, or purchasing of cars, RVs, trucks, and fleets, including auto financing companies, vehicle auction services, online classified advertising companies with a focus on auto, and dealership software platforms.

T

Tech IPO Pipeline

257 items

The tech companies we think could hit the public markets next, according to CB Insights data.

Latest Cars24 News

Automobile Parts Restoration Service Market Set to Reach $22.77 Billion by 2029

Nov 13, 2025

Get 20% Off All Global Market Reports With Code ONLINE20 – Stay Ahead Of Trade Shifts, Macroeconomic Trends, And Industry Disruptors ” — The Business Research Company LONDON, GREATER LONDON, UNITED KINGDOM, November 12, 2025 / EINPresswire.com / -- What Is The Expected Cagr For The Automobile Parts Restoration Service Market Through 2025? Recently, the automobile parts restoration service market has witnessed robust growth, significantly increasing in size. It is projected to surge from $15.81 billion in 2024 to $16.94 billion in 2025, representing a compound annual growth rate (CAGR) of 7.1%. This growth is linked to several factors, including a rise in demand for budget-friendly vehicle maintenance, heightened consciousness about sustainable automotive practices, increased repair charges for new automobile parts, swelling vehicle ownership rates in emerging economies, and an upward trend in the preference for revamped automotive components. In the coming years, the automobile parts restoration service market is forecasted to experience significant growth, reaching $22.78 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 7.7%. This projected growth over the forecast period can be linked to several factors including increasing demand for speedy spare parts restoration, expanding investment in automobile restoration facilities, heightened awareness about the environmental repercussions of discarded parts, growing consumer tendency to favor certified refurbishments over new parts, and governmental encouragement for eco-friendly automobile practices. Key trends during the forecast period involve the creation of novel cleaning techniques, the development of high-endurance materials, the incorporation of supply chain management systems, the assimilation of digital twin technology, and ground-breaking advancements in paint and surface restoration methodologies. Download a free sample of the automobile parts restoration service market report: https://www.thebusinessresearchcompany.com/sample.aspx?id=28945&type=smp What Are The Key Factors Driving Growth In The Automobile Parts Restoration Service Market? The upsurge in automotive services e-commerce is projected to fuel the expansion of the auto parts restoration market in the future. Automotive services e-commerce is a reference to the online systems and digital pathways that make the selling, reserving, and delivery of car-related goods and services possible. It covers aspects like parts, repairs, servicing, and add-ons, providing consumers and businesses a streamlined and easy way to avail of auto solutions. The hike in automotive services e-commerce is a result of a growing consumer fondness for convenient and accessible online order of vehicle components. More and more people are opting for auto part restoration services as the swift growth of automotive services e-commerce motivates companies to use online methods for part sales, enhancing accessibility, competence, and consumer convenience. For example, data released by the United States Census Bureau, a governmental agency in the US, stated that the country's retail e-commerce sales hit $304.2 billion in Q2 2025, a YoY increase of 5.3%, accounting for 16.3% of all retail sales. Simultaneously, total retail sales saw a rise of 3.9% to $1,865.4 billion. Hence, the surge in automotive services e-commerce is propelling the demand in the auto parts restoration service Market. What Are The Top Players Operating In The Automobile Parts Restoration Service Market? Major players in the Automobile Parts Restoration Service Global Market Report 2025 include: • Classic Industries Corp. • Original Parts Group Inc. • YearOne Inc. • SVP Unlimited • Legendary Auto Interiors • Porsche Classic • Auto Metal Direct • Goodmark Industries • Steele Rubber Products • Classic Auto Restoration Specialists (CARS Inc.) What Are The Top Trends In The Automobile Parts Restoration Service Industry? In the market for automobile parts restoration services, major corporations are zeroing in on cutting-edge repair approaches to prolong the lifespan of vehicles and address key customer concerns such as concealed billing methods. These innovative repair methods in auto parts restoration not only improve durability and performance but also bring down expenses, waste, and environmental footprint. To draw from a specific example, in June 2024, Indian technology and e-commerce firm CARS24 launched Fourdoor, a versatile car parts refurbishment and servicing solution, designed to tackle prevalent issues in the country's splintered car servicing industry, such as restricted availability of authentic parts, obscuration in pricing, and delayed services. Fourdoor guarantees expert-level restoration and maintenance using only authentic spare parts, transparent pricing, and prompt delivery, streamlining and fortifying the car ownership experience. Its motto, Right Service. Right Price. Right Now, encapsulates CARS24's mission to deliver transparent, reasonably priced and reliable car care to all car brands, improving the overall vehicle ownership experience. Comprehensive Segment-Wise Insights Into The Automobile Parts Restoration Service Market The automobile parts restoration servicemarket covered in this report is segmented – 1) By Service Type: Engine Restoration, Transmission Restoration, Brake System Restoration, Interior Restoration, Exterior Restoration, Other Service Types 2) By Vehicle Type: Passenger Cars, Commercial Vehicles, Classic Cars, Other Vehicle Types 3) By End-User: Individual, Commercial Subsegments: 1) By Engine Restoration: Cylinder Head Restoration, Piston Restoration, Crankshaft Restoration, Engine Block Restoration 2) By Transmission Restoration: Gearbox Restoration, Clutch System Restoration, Torque Converter Restoration, Differential Restoration 3) By Brake System Restoration: Brake Pads Restoration, Brake Discs Restoration, Brake Calipers Restoration, Master Cylinder Restoration 4) By Interior Restoration: Seat Restoration, Dashboard Restoration, Upholstery Restoration, Carpet Restoration 5) By Exterior Restoration: Paint Restoration, Bumper Restoration, Headlight Restoration, Body Panel Restoration 6) By Other Service Types: Suspension Restoration, Steering Restoration, Electrical System Restoration, Exhaust System Restoration View the full automobile parts restoration service market report: https://www.thebusinessresearchcompany.com/report/automobile-parts-restoration-service-global-market-report Global Automobile Parts Restoration Service Market - Regional Insights In 2024, the Automobile Parts Restoration Service Global Market Report showed North America as the dominant region. Projections for 2025 indicate Asia-Pacific to be the region with the fastest growth. The report includes data from regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. Automotive Repair And Maintenance Global Market Report 2025 https://www.thebusinessresearchcompany.com/report/automotive-repair-and-maintenance-global-market-report Automotive Repair And Maintenance Global Market Report 2025 https://www.thebusinessresearchcompany.com/report/automotive-repair-and-maintenance-global-market-report Automotive Quality Service Global Market Report Global Market Report 2025 https://www.thebusinessresearchcompany.com/report/automotive-quality-service-global-market-report Speak With Our Expert: Saumya Sahay Americas +1 310-496-7795 Asia +44 7882 955267 & +91 8897263534 Europe +44 7882 955267 Email: saumyas@tbrc.info The Business Research Company - www.thebusinessresearchcompany.com Follow Us On: • LinkedIn: https://in.linkedin.com/company/the-business-research-company Oliver Guirdham The Business Research Company email us here Visit us on social media: LinkedIn Facebook X Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Cars24 Frequently Asked Questions (FAQ)

  • When was Cars24 founded?

    Cars24 was founded in 2015.

  • Where is Cars24's headquarters?

    Cars24's headquarters is located at Medanta the Medicity, Sector 38, Gurgaon.

  • What is Cars24's latest funding round?

    Cars24's latest funding round is Debt - V.

  • How much did Cars24 raise?

    Cars24 raised a total of $1.296B.

  • Who are the investors of Cars24?

    Investors of Cars24 include DST Global, Moore Strategic Ventures, EXOR Seeds, SoftBank, Alpha Wave Global and 37 more.

  • Who are Cars24's competitors?

    Competitors of Cars24 include Carma, InstaCarro, Spinny, Kavak, Droom and 7 more.

Loading...

Compare Cars24 to Competitors

Spinny Logo
Spinny

Spinny is a platform that focuses on the buying and selling of used cars within the automotive industry. The company provides a selection of pre-owned vehicles that have undergone inspections, along with a return policy and a service warranty. Spinny serves individual consumers looking for second-hand cars and those wanting to sell their vehicles. It was founded in 2015 and is based in Gurugram, India.

CarDekho Logo
CarDekho

CarDekho provides digital automotive solutions that specialize in the sale and purchase of new and used cars. It offers a platform for car buyers to search, compare, and make informed decisions on vehicle purchases, as well as facilitating finance and insurance services for used cars. It primarily serves individual car buyers and sellers, as well as partnering with automotive dealerships, financial institutions, and insurance companies. It was founded in 2008 and is based in Jaipur, India.

V
VavaCars

VavaCars operates within the automotive sales industry, facilitating the buying and selling of used cars. The company allows customers to browse, purchase, and sell vehicles online. It was founded in 2019 and is based in Istanbul, Turkey.

Mahindra First Choice Wheels Logo
Mahindra First Choice Wheels

Mahindra First Choice Wheels operates in the automotive retail and technology sectors. It focuses on the used auto platform. The company offers a range of pre-owned vehicles, including cars and bikes, and provides services such as vehicle procurement, warranty products, and roadside assistance. Mahindra First Choice Wheels serves the automotive retail market, focusing on used car sales and enterprise solutions for financial institutions. It was founded in 2008 and is based in Mumbai, India.

CarPrice Logo
CarPrice

CarPrice is a technology startup specializing in online car sales and auctions within the automotive industry. The company provides a platform for evaluating and selling vehicles, including legal checks and technical inspections, followed by auctioning to professional buyers. CarPrice serves the used car market, facilitating transactions to improve market functionality. It was founded in 2014 and is based in Moscow, Russian Federation.

Clutch Logo
Clutch

Clutch serves as an online retailer specializing in used cars, offering a car buying and financing experience. It provides a platform for customers to shop for used cars and facilitates vehicle delivery. It also enables customers to sell or trade in their vehicles with an instant cash offer. It was founded in 2016 and is based in Toronto, Canada.

Loading...

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.