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Engaged Employer
CARS24 
3.5
based on 3.8k Reviews
Video summary
Company Overview
Associated Companies
Company Locations
Working at CARS24
Company Summary
Online marketplace to buy, sell and finance second-hand cars & bikes
Overall Rating
3.5/5
based on 3.8k reviews
5% below
industry average
Critically rated for
Job security, Promotions, Work satisfaction
Work Policy
Work from office
75% employees reported
Monday to Saturday
41% employees reported
Strict timing
52% employees reported
No travel
48% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
265 employees reported
Health insurance
219 employees reported
Office cab/shuttle
54 employees reported
International/On-site exposure
47 employees reported
View all benefits
About CARS24
Founded in2015 (10 yrs old)
India Employee Count5k-10k
Global Employee Count--
India HeadquartersGurgaon,Haryana, India
Office Locations
Websitecars24.com
Primary Industry
Other Industries
View in video summary
CARS24 is transforming the way India buys and sells cars.We, at CARS24, strive to revolutionize the pre-owned cars'? market by providing disruptive solutions and services for a happy, hassle-free and simple car selling experience. Using advanced Machine Learning and Artificial Intelligence based auctions, we enable our channel partners across the country to participate in auctions for each car, ensuring the best deals for our customers.We love cars and the joy, excitement and memories it brings along with it. So, when you drive to a CARS24, you get to keep the beautiful memories of your car and leave the worries of selling to us.At CARS24, we don’t buy used cars. We buy Your Cars.
Mission: CARS24's mission is to revolutionize the way used cars are transacted in India. We endeavour to offer an efficient, reliable and hassle-free transacting experience for used cars.
CARS24 Ratings
based on 3.8k reviews
Overall Rating
3.5/5
How AmbitionBox ratings work?
5
1.6k
4
612
3
517
2
300
1
742
Category Ratings
3.6
Salary
3.5
Skill development
3.3
Company culture
3.3
Work-life balance
3.3
Work satisfaction
3.1
Promotions
3.0
Job security
CARS24 is rated 3.5 out of 5 stars on AmbitionBox, based on 3.8k company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at CARS24
based on 3.6k reviews
3.4
Rated by 449 Women
Rated 3.4 for Salary and 3.4 for Skill development
3.5
Rated by 3.1k Men
Rated 3.6 for Salary and 3.4 for Skill development
Work Policy at CARS24
based on 542 reviews in last 6 months
Work from office
75%
Hybrid
19%
Permanent work from home
6%
CARS24 Reviews
Top mentions in CARS24 Reviews
+ 5 more
Compare CARS24 with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.5/5 based on 3.8k reviews | 3.8/5 based on 4.5k reviews | 3.8/5 based on 2.3k reviews | 4.0/5 based on 5.2k reviews |
Highly Rated for | No highly rated category | No highly rated category | No highly rated category | Salary Skill development Work-life balance |
Critically Rated for | Job security Promotions Work-life balance | Job security Promotions | Job security Promotions | Job security |
Primary Work Policy | Work from office 75% employees reported | Work from office 44% employees reported | Work from office 44% employees reported | Hybrid 49% employees reported |
Rating by Women Employees | 3.4 Average rated by 449 women | 3.5 Good rated by 528 women | 3.7 Good rated by 139 women | 3.4 Average rated by 259 women |
Rating by Men Employees | 3.5 Good rated by 3.1k men | 3.8 Good rated by 3.6k men | 3.7 Good rated by 2.1k men | 4.0 Good rated by 4.5k men |
Job security | 3.0 Average | 3.2 Average | 3.2 Average | 3.0 Average |
View more
CARS24 Salaries
CARS24 salaries have received with an average score of 3.6 out of 5 by 3.8k employees.
Retail Associate
(843 salaries)
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₹1.8 L/yr - ₹4.9 L/yr
Retail Manager
(462 salaries)
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₹2.7 L/yr - ₹7.2 L/yr
Team Lead
(424 salaries)
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₹2.7 L/yr - ₹10.3 L/yr
Evaluation Engineer
(378 salaries)
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₹1.8 L/yr - ₹4.8 L/yr
Relationship Manager
(338 salaries)
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₹2.5 L/yr - ₹7.3 L/yr
Key Account Manager
(324 salaries)
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₹2.1 L/yr - ₹6 L/yr
Senior Retail Associate
(302 salaries)
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₹2.3 L/yr - ₹5.7 L/yr
Procurement Associate
(257 salaries)
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₹1.8 L/yr - ₹4.2 L/yr
Zonal Manager
(237 salaries)
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₹4.5 L/yr - ₹13 L/yr
Sales Associate
(217 salaries)
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₹1.7 L/yr - ₹4.8 L/yr
CARS24 Interview Questions
An Evaluation Engineer was asked 3mo agoQ. What is the four strocks engine
A Software Developer was asked 1mo agoQ. Implement frontend design
A Key Account Manager was asked 16 Dec 2022Q. Explain me abour credit and loan terms
An Evaluator was asked 3mo agoQ. What is pillar in car
A Retail Associate was asked 5d agoQ. What knowledge do you have about the used car industry?
CARS24 Jobs
Popular Designations CARS24 Hires for
Popular Skills CARS24 Hires for
Current Openings
CARS24 News
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A comprehensive list of 2025 tech layoffs
- In 2025, the tech industry has seen over 22,000 layoffs, with notable reductions in February totaling 16,084 job cuts.
- The layoffs affect various tech companies, such as Match reducing its workforce by 13%, CrowdStrike laying off 5%, and General Fusion cutting 25% of its employees.
- Other significant layoffs include Meta letting go of over 100 employees, Intel planning to lay off 21,000 employees, and Microsoft considering additional job cuts.
- Companies like Expedia, Cars24, and Turo have also implemented layoffs affecting hundreds of employees in their respective operations.
- Layoffs in tech extend globally, with Wicresoft closing its operations in China impacting 2,000 employees and Otorio cutting 45 employees after being acquired by Armis.
- The layoffs vary in scale from large companies like Google, HP, and Salesforce to startups like D-ID, Sprinklr, and Altruist, affecting different percentages of their workforces.
- The list includes known layoffs from tech giants and startups alike, highlighting the ongoing challenges faced by the tech industry, affecting thousands of employees worldwide.
- The article provides insights into the impact of AI, automation, and company reorganizations on job security and the human toll of technological advancements.
- The tech industry's layoffs underscore the need to balance innovation with considerations for the workforce, as companies navigate changes in market dynamics and strategic priorities.
- This comprehensive list of layoffs in 2025 serves as a reminder of the evolving landscape in the tech sector and the continual reshaping of the industry's workforce.
- As the article updates regularly, it delivers a real-time overview of layoffs in the tech industry throughout the year, reflecting the ongoing shifts and challenges faced by companies and employees.
TechCrunch | 10 May, 2025
Cars24 lays off over 200 employees amid restructuring efforts
- Used car platform Cars24 has laid off over 200 employees as part of a major cost-cutting exercise.
- The job cuts have mainly impacted the product and technology teams.
- The layoffs are part of a broader restructuring effort after the company post reassessment of business priorities.
- Affected staff members have been promised severance packages and career support.
HRKatha | 28 Apr, 2025
Cars24 lays off around 250 employees, company says, 'This is a tough decision...'
- Online marketplace Cars24 has laid off around 250 employees across its product and technology divisions as part of organizational restructuring.
- The move comes as the company faces increased competition in the used-car market, with Spinny raising $131 million in funding.
- Cars24 co-founder and CEO Vikram Chopra said the decision is tough and not based on performance, but rather about restructuring and strategic planning.
- Despite the layoffs, Cars24 continues to offer various services and had secured $450 million in funding in December 2021.
ISN | 26 Apr, 2025
CARS24 Lays Off 200 Staff In Restructuring Exercise
- Used car marketplace CARS24 has laid off around 200 employees across various departments as part of its restructuring exercise aimed at streamlining operations.
- The layoffs were confirmed by CARS24 cofounder Vikram Chopra in a blog post.
- The restructuring was undertaken due to certain projects not delivering as expected and hiring for certain roles too early in the stage.
- CARS24 will be providing severance packages and outplacement services to the outgoing employees.
Inc42 | 26 Apr, 2025
Cars24 lays off 200 employees, to tighten hiring plans
- Used car sales platform Cars24 laid off around 200 employees across various functions, citing certain projects not meeting expectations and roles added too early.
- The layoffs come as Cars24 expands into new business segments and announced the acquisition of automotive forum website Team-BHP.
- Cars24 is offering severance support to affected employees and does not anticipate further layoffs, but will be more rigorous in future hiring.
- In the year ended March 31, 2024, Cars24 recorded a 25% increase in operating revenue, but saw its net loss widen to Rs 498 crore.
Economic Times | 26 Apr, 2025
Car marketplace platform CARS24 acquires automotive forum Team-BHP
- CARS24, a car marketplace platform, has acquired automotive forum Team-BHP.
- Vikram Chopra, CEO of CARS24, sees this as a long-term investment in empowering India's auto ecosystem.
- Rush Parekh, Founder of Team-BHP, states that the acquisition will enable them to build with more scale and depth.
- CARS24 ventured into the new car market and launched Cars24 Driving School prior to the acquisition.
HinduBusinessLine | 23 Apr, 2025
Used-car seller Cars24 acquires auto forum Team-BHP
- Used-car seller Cars24 has acquired automotive review and discussion forum Team-BHP.
- Team-BHP will continue to operate independently with its founding team, maintaining its zero-sponsored content policy.
- Cars24 plans to enhance platform capabilities, improve user experience, and introduce new features with the help of Team-BHP.
- This acquisition follows the trend of used-car platforms acquiring well-known automotive publications.
Economic Times | 23 Apr, 2025
MeitY startup hub, startup policy forum partner to bolster tech startups
- The Ministry of Electronics and Information Technology (MeitY) startup hub (MSH) and startup policy forum (SPF) have partnered to drive growth in the deeptech, AI, and emerging technology sectors.
- The collaboration aims to support R&D, shape policies, and facilitate knowledge exchange to create a supportive regulatory environment for startups.
- SPF has also partnered with the Ministry of Commerce & Industry and IIT-Madras's Centre for Research on Start-Ups and Risk Financing (CREST).
- The members of SPF include CRED, Groww, Zerodha, Pine Labs, OYO, Acko, Swiggy, Dream11, Mobile Premier League (MPL), Livspace, Cars24, CarDekho, and MobiKwik.
Economic Times | 16 Apr, 2025
Cautio Gets ₹11 Cr Boost in Seed Round with MeitY Backing
- Bangalore-based AI-powered video telematics startup Cautio has raised ₹11 crore in its ongoing seed round.
- Investors in the seed round include 9Unicorns, Venture Catalysts, Antler India, Infinyte Club, CARS24 founders Vikram Chopra and Gajendra Jangid, and the Ministry of Electronics and IT (MeitY).
- The funds will be used to strengthen R&D capabilities and scale Cautio's technology, which brings real-time intelligence to fleet operations for enhanced road safety.
- Cautio's platform has enabled over 300,00,000 km of safe travel and has partnerships with leading mobility and logistics providers in over 35 cities in India.
Analyticsindiamag | 8 Apr, 2025
Cars24 Enters New Car Market with Aggregator Platform for OEMs and Dealerships
- Gurugram-based Cars24 has launched an aggregator platform for new cars, expanding its services beyond used car sales.
- Competitors like Spinny, Droom, and CarDekho are diversifying their offerings amidst slower growth in the used car industry.
- Cars24 aims to address customer needs by offering a seamless car-buying experience through technology.
- The 'New Cars' segment on Cars24's website provides detailed video walkthroughs, pricing details, test drive bookings, and financing options.
- Cars24 introduced the 'New Cars' segment as part of its super app ecosystem, which includes various automotive services.
- Despite entering the new car market, used car sales remain the primary revenue source, contributing over 90% of total revenue.
- In FY24, Cars24 recorded a 25% revenue increase but also reported significant losses.
- Cars24 does not anticipate new car sales to be a major revenue driver in the short term, focusing on increasing traffic first.
- India's used car market is growing rapidly, with projected sales of 1.09 crore units annually by FY28, valued at $73 billion.
- The growth in the used car segment outpaces new cars, driven by increasing trust and transparency in the market.
Startup Story | 11 Mar, 2025
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CARS24 Subsidiaries
CARS24 Financial Services
3.4
• 119 reviews
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CARS24 FAQs
When was CARS24 founded?
CARS24 was founded in 2015. The company has been operating for 10 years primarily in the Internet sector.
Where is the CARS24 headquarters located?
CARS24 is headquartered in Gurgaon,Haryana and has an office in Gurgaon / Gurugram
How many employees does CARS24 have in India?
CARS24 currently has more than 5,000+ employees in India. Sales & Business Development department appears to have the highest employee count in CARS24 based on the number of reviews submitted on AmbitionBox.
Does CARS24 have good work-life balance?
CARS24 has a work-life balance rating of 3.3 out of 5 based on 3,700+ employee reviews on AmbitionBox. 41% employees rated CARS24 3 or below, while 59% employees rated it 4 or above for work-life balance. This rating suggests that while some employees recognize efforts towards work-life balance, there is scope for improvement based on employee feedback. We encourage you to read CARS24 work-life balance reviews for more details
Is CARS24 good for career growth?
Career growth at CARS24 is rated as moderate, with a promotions and appraisal rating of 3.1. 41% employees rated CARS24 3 or below, while 59% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading CARS24 promotions/appraisals reviews for more detailed insights.
What are the cons of working in CARS24?
Working at CARS24 does have some drawbacks that potential employees should consider. The company is poorly rated for job security, promotions / appraisal and work satisfaction, based on 3,700+ employee reviews on AmbitionBox.
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