As leadership shake-up unfolds, Cars24 is running on fumes

Four top-level exits come at a time when the IPO-bound used-car platform is grappling with serious financial challenges.

30 April, 20267 min
0
Google Preferred Source Badge
Share
Getting your Trinity Audio player ready...
As leadership shake-up unfolds, Cars24 is running on fumes

You may also like

Internet
Story image

Is CarTrade biting off more than it can chew with CarDekho?

The potential deal, if completed, will create one large player and among the largest pre-owned vehicles businesses. Whether CarTrade can afford it is something investors need to watch out for.

Business
Story image

The legal and not-so-legal takeover of the UAE by Chinese cars

Cheaper, high-tech cars from China have flooded the UAE auto market in the past few years—sometimes entering through the back door.

State of the Unicorns
Story image

India’s pre-owned vehicle startups fail the internet business test

We look at Spinny, a unicorn, to demonstrate how the used-car business is a graveyard of ideas pretending to be internet-first or internet businesses only to realize years later that the soul of the business lies in brick and mortar.