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CARS24 is making a clear push to become more than just a used-car marketplace.
Here’s the scoop: the company has acquired CarInfo, a vehicle information platform, to expand its role beyond buying and selling cars. This is also CARS24’s second acquisition in under a year, after it took over the automotive community platform Team-BHP last year.
CarInfo and its sister app BikeInfo will now be part of the CARS24 ecosystem, but both will continue operating as standalone apps with their existing teams.
Why this makes sense: for many vehicle owners, checking basics like registration details, insurance validity, challans, FASTag updates, and other compliance information is still frustrating because the data is scattered. CarInfo built its value by making that information easier to access in one place.
Bottomline: with competition in India’s auto-tech market heating up, CARS24 is betting that solving everyday ownership pain points, not just facilitating a sale, will keep users coming back long term.
That loyalty could matter even more as India’s used car market is expected to jump from $32.9B in 2025 to $90.2B by 2032, growing at a rapid pace year after year.
