News · Mobility & Logistics
Cars24 apologises after marketing boat stunt sparks police row
By Startup Enthusiast ·
- 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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