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Cars24 apologises after marketing boat stunt sparks police row

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Cars24 logo
Date
Company
Cars24
What it does
Used car marketplace and auto-tech platform
Kind
News
Based in
Gurgaon
Founded
2015
Sector
Mobility & Logistics

What they do

Cars24 is an Indian auto-tech platform that lets users buy, sell, and finance pre-owned cars

What happened

The company sparked a controversy by placing a branded boat on a waterlogged Gurugram road as a marketing stunt

Why it matters

Cars24 later clarified that a reported ₹50,000 fine was its marketing cost, apologising for wrongly attributing it to police enforcement

The details

  • The used-car marketplace Cars24 generated severe public backlash following a promotional campaign featuring a decorated vessel on a flooded Gurugram street.
  • A corporate representative published statements online asserting that authorities had penalized the organization ₹50,000 and impounded the watercraft.
  • Local traffic enforcement officials formally refuted the claims, stating that officers had neither filed any charges nor received grievances.
  • Executives subsequently issued a formal apology directed toward municipal administrators and law enforcement agencies.
  • Management explained that the ₹50,000 expenditure reflected the total budget allocated for the promotional exercise rather than a penalty.
  • Online observers widely circulated imagery of stranded commuters boarding the vessel to navigate the submerged thoroughfare.

The bigger picture

  • The incident reignited a major debate regarding Gurugram’s recurring monsoon waterlogging and inadequate urban drainage infrastructure.
  • Social media users debated the ethics of using civic infrastructure failures as a backdrop for brand promotions and marketing stunts.

About the business

  • Operates an online marketplace for buying and selling used cars in India and international markets including the UAE and Australia.
  • Provides vehicle financing solutions including used car loans and personal loans through an RBI-registered NBFC [Non-Banking Financial Company, a firm that provides financial services without holding a full banking license].
  • Offers value-added automotive services such as FASTag recharges, roadside assistance, vehicle inspection reports, and challan payments.
  • Generates revenue through vehicle transactions, inspection fees, and financial services commissions.
  • Maintains corporate headquarters in Gurgaon, Haryana.

The deal

Type
other

Founders

  • Vikram Chopra, Founder
  • Gajendra Jangid, Founder
  • Mehul Agrawal, Founder
  • Ruchit Agarwal, 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.

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