Cars24 Hiring 2026 – Mobile Engineers, Gurugram
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3 weeks ago
About CARS24
CARS24 is India’s largest organised used car marketplace, operating a tech-enabled platform that lets people buy and sell pre-owned cars through a fast, transparent process — inspection booking, AI-driven price valuation, financing with zero down payment, and same-day disbursal with minimal paperwork. It also offers a 7-day return policy for buyers not satisfied with their purchase. The company has expanded beyond India into the UAE and Australia.
Headquarters: Gurugram, Haryana, India
Founded: 2015, by Vikram Chopra, Gajendra Jangid, Mehul Agrawal, Ruchit Agrawal, and Himanshu Gupta
Industry: AutoTech / Used Vehicle E-Commerce
Ownership: Private, Series G-stage company; became a unicorn in 2020
Key Financials & Scale:
| Metric | Figure |
|---|---|
| Employees | ~4,600–10,000+ (estimates vary widely by source) |
| Total Funding Raised | $1.08B–$1.62B (varies by source, likely due to debt-round inclusion) |
| Current Valuation | Estimates range $1.03B–$3.23B depending on source and date |
| Monthly Active Users | 11 million+ across India, UAE, and Australia |
| Revenue Growth | Reported 18% YoY growth in H1 FY26, with operating expenses held broadly flat — signaling real operating leverage from tech investment |
| Top Competitors | Spinny, Droom, CarTrade Exchange, ACV Auctions, Kavak |
Recent Strategic Developments:
- CEO Vikram Chopra announced IPO plans in January 2026, targeting a public listing within 6–12 months — would be the first major auto-tech IPO in India since CarTrade Tech
- Made several bolt-on acquisitions to build out its ecosystem: Team-BHP (April 2025), CarInfo (January 2026), and VehicleInfo (March 2026)
- Reported some senior leadership movement, including co-founder and COO Mehul Agrawal stepping down (April 2026)
- Tech stack includes Node.js, Express, Redux, Tailwind CSS, Radix UI, and Cloudflare — a modern JS-centric web stack, alongside CleverTap for analytics
Why It Matters for Job Seekers:
As a pre-IPO unicorn pushing toward profitability and a public listing, CARS24 offers exposure to consumer marketplace engineering, AI-driven vehicle valuation/pricing models, and fintech-adjacent work (in-house financing) — relevant for candidates interested in full-stack development, applied ML/pricing algorithms, or growth-stage startup engineering with IPO-track stability signals.
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