India · Venture startup

Who invested in Cars24

3 rounds we have observed, with the 8 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Automotive & EVsInternet

Valuation: $3.3B, Mar 2026

Funding summaryUpdated 26 Oct 2026

$93Mraised across 3 rounds since 2019, from 3 sources

$11MRound$52MRound$30MVenture
Latest round
Venture, $30MJul 2024
Biggest round
$52MRound · Oct 2019
Investors
8
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

201920202021202220232024
$11MRound$52MRound$30MVenture
First round
Round, $11M
Apr 2019
Biggest round
$52M
Round · Oct 2019
Usual gap between rounds
4.8 years
the median of 2

The rounds

  1. Jul 2024
    Venture$30M6 new

    Source recorded

  2. Oct 2019
    Round$52M2 new
    • KCK FZE
    • Kingsway FCI

    Reported by Entrackr

  3. Apr 2019
    Round$11M

    No investor was named in the report.

    Reported by Entrackr

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Round2019Round2019Venture2024500 GlobalPeak XVSoftBankSoftBank Vision FundAlibaba GroupAlpha Wave GlobalKCK FZEKingsway FCI

Everyone who backed them

500 GlobalAngel1round
Peak XVVC firm1round
SoftBankInvestment firm1round
SoftBank Vision FundVC firm1round
Alibaba GroupCorporate VC1round
Alpha Wave GlobalPrivate equity1round
KCK FZEno record of our own yet1round
Kingsway FCIno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Cars24

Who invested in Cars24?

Cars24's investors include 500 Global, Peak XV, SoftBank, SoftBank Vision Fund and Alibaba Group, and 3 more on record.

How much has Cars24 raised?

Cars24 has raised $93M across 3 rounds since 2019.

When did Cars24 last raise?

Cars24's most recent round was a Venture of $30M in Jul 2024.

What was Cars24's biggest round?

Cars24's largest round on record is $52M (Undisclosed round), in Oct 2019.

Who backed Cars24 first?

Cars24's first round on record, in Oct 2019, was backed by KCK FZE and Kingsway FCI.

What stage is Cars24 at?

Cars24's latest named round is a Venture, in Jul 2024.

Where is Cars24 based?

Cars24 is based in India.

Companies like Cars24

In the same sector, and raised in the last eighteen months.

Onto$125M · Oct 2026Battery Smart$10M · Oct 2026GreenCell Mobility$124M · Oct 2026Ionage$1.3M · Oct 2026Ultraviolette Automotive$39M · Sept 2026Yulu$104M · Aug 2026

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