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Cars24 Services: India s Used Car Unicorn Nears $250 Million Deal With DST

Cars24 Services: India s Used Car Unicorn Nears $250 Million Deal With DST
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Cars24: 2020 was a good year for Cars24, founder says bold decisions amid lockdown helped it become a unicorn

ET Panache NEWS Powered by 2020 was a good year for Cars24, founder says bold decisions amid lockdown helped it become a unicorn In November 2020, the company turned unicorn despite an economic slowdown brought about by the pandemic. (In pic: Mehul Agrawal) Synopsis While businesses felt the brunt of the pandemic, one start-up went on to become a unicorn. In 2015, four friends from Gurugram Vikram Chopra, Mehul Agrawal, Gajendra Jang id and Ruchit Agarwal formed Cars24. Five years later, in November 2020, the company turned unicorn despite an economic slowdown brought about by the pandemic. Here are the four things Agarwal says they did, which helped them:

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