Cars24 is launching Cars24 Labs, a new initiative backed by a $20 million investment. This program will focus on developing artificial intelligence products and supporting early-stage founders. Cars24 aims to provide capital, mentorship, and infrastructure to…
Used-car platform Cars24 reported a 27% revenue jump to Rs 1,411 crore in FY26, significantly cutting losses by 36%. The company achieved Ebitda positivity in January, driven by AI adoption that slashed marketing and tech costs. Loan disbursals also saw a su…