# Cars24 funding: rounds and investors > Cars24 has raised $93M across 3 rounds since 2019. Investors include 500 Global, Peak XV and SoftBank. Every round with its source. Source: https://millionrounds.com/company/cars24 (Millionrounds; every figure on the page links to its filing or article) India · [Venture startup](https://millionrounds.com/companies) # 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 & EVs Internet Valuation: $3.3B, Mar 2026 Funding summary Updated 26 Oct 2026 **$93M** raised across 3 rounds since 2019, from 3 sources **$11M** Round **$52M** Round **$30M** Venture - **Latest round:** Venture, $30M Jul 2024 - **Biggest round:** $52M Round · 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. 2019 2020 2021 2022 2023 2024 **$11M** Round **$52M** Round **$30M** Venture - **First round:** Round, $11M - **Biggest round:** $52M - **Usual gap between rounds:** 4.8 years ## The rounds - **Jul 2024** Venture **$30M** *6 new* [500 Global](https://millionrounds.com/fund/500-startups) [Peak XV](https://millionrounds.com/fund/peak-xv) [SoftBank](https://millionrounds.com/fund/softbank-2) [SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers) [Alibaba Group](https://millionrounds.com/fund/alibaba-group) [Alpha Wave Global](https://millionrounds.com/fund/alpha-wave-global) Source recorded - **Oct 2019** Round **$52M** *2 new* KCK FZE Kingsway FCI Reported by Entrackr - **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. **Round** 2019 **Round** 2019 **Venture** 2024 [500 Global](https://millionrounds.com/fund/500-startups) [Peak XV](https://millionrounds.com/fund/peak-xv) [SoftBank](https://millionrounds.com/fund/softbank-2) [SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers) [Alibaba Group](https://millionrounds.com/fund/alibaba-group) [Alpha Wave Global](https://millionrounds.com/fund/alpha-wave-global) KCK FZE Kingsway FCI ## Everyone who backed them [500 Global](https://millionrounds.com/fund/500-startups) Angel **1** round [Peak XV](https://millionrounds.com/fund/peak-xv) VC firm **1** round [SoftBank](https://millionrounds.com/fund/softbank-2) Investment firm **1** round [SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers) VC firm **1** round [Alibaba Group](https://millionrounds.com/fund/alibaba-group) Corporate VC **1** round [Alpha Wave Global](https://millionrounds.com/fund/alpha-wave-global) Private equity **1** round KCK FZE no record of our own yet **1** round Kingsway FCI no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=cars24). ## 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 2026](https://millionrounds.com/company/onto)[**Battery Smart** $10M · Oct 2026](https://millionrounds.com/company/battery-smart)[**GreenCell Mobility** $124M · Oct 2026](https://millionrounds.com/company/greencell-mobility)[**Ionage** $1.3M · Oct 2026](https://millionrounds.com/company/ionage)[**Ultraviolette Automotive** $39M · Sept 2026](https://millionrounds.com/company/ultraviolette-automotive)[**Yulu** $104M · Aug 2026](https://millionrounds.com/company/yulu) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app