Launch · Mobility & Logistics
Cars24 partners with Tesla, signs MS Dhoni
By Startup Enthusiast ·
- Date
- Company
- Cars24
- What it does
- Integrated automotive platform
- Kind
- Launch
- Founded
- 2015
- Sector
- Mobility & Logistics
What they do
Cars24 is an integrated platform for buying, selling, and servicing cars
What happened
It launched a trade-in programme with Tesla India and named MS Dhoni as Crashfree India ambassador
Why it matters
India accounts for 11% of global road fatalities despite having 1% of the world's vehicles
The details
- Cars24 launched Crashfree India, a national road safety initiative.
- It named MS Dhoni as the Goodwill Ambassador for Crashfree India.
- Cars24 also collaborated with Tesla India for an integrated trade-in programme.
- The programme helps customers exchange their old petrol or diesel vehicles for a Tesla.
- Customers can start the process at Tesla Experience Centers, Cars24 website, or Tesla Center.
- Cars24 manages vehicle pickup, payment, and ownership transfer.
- A Cars24 bonus of Rs. 25,000 is credited upon delivery of the new Tesla.
The bigger picture
- India had 1,80,000 traffic deaths in 2024, the highest globally.
- 66% of road accident deaths in 2024 were aged 18-34.
- Nearly 10,000 school students died in road accidents in 2024.
- 7 in 10 fatalities were linked to overspeeding.
About the business
- Cars24 is an integrated automotive platform for buying, selling, loans, insurance, and servicing of used and new cars.
- Cars24 Financial Services provides vehicle lending solutions.
- The company was founded in 2015 with a mission to simplify car ownership.
The deal
- Type
- launch
Founders
- Vikram Chopra, Founder and CEO
- Gajendra Jangid, Co-founder and CMO
- Mehul Agrawal, Co-founder
- Ruchit Agarwal, Co-founder
- Mehul Agarwal, Co-founder
About Cars24
- Product
- An online platform for used-car buying, selling, and related lending services.
- Customers
- Consumers and dealers transacting in used cars.
- How it makes money
- It earns from vehicle sales, marketplace transactions, and financing-related services.
- What sets it apart
- Uses AI to improve operating efficiency and support growth.
- Operations
- Operates across multiple countries and runs auction and retail businesses in India.
More on Cars24
- Cars24 targets April DRHP filing after India reverse flip27 September 2026 · IPO
- Vikram Chopra reflects on 11 years of building CARS2418 September 2026 · News
- Cars24 faces backlash over Ganesh Chaturthi advertising campaign16 September 2026 · Policy
- Cars24 reports August GMV of ₹937 crore8 September 2026 · Results
- CARS24 co-founder discusses entrepreneurship trends in West Delhi2 September 2026 · Analysis
- Cars24 apologises after marketing boat stunt sparks police row11 August 2026 · News
- Cars24 invests $5 million in AI startup Deployment Inc10 August 2026 · Launch · $5M
- Cars24 Labs partners Startup Policy Forum for AI policy23 July 2026 · Partnership
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