PartnershipMobility & Logistics
Cars24 joins forces with Dubai's Alba Cars
By Abha Lohia · Editor ·
Cars24: revenue, valuation and funding and every story →
GurugramFounded 2015
- Cars24 runs a used-car technology and financing platform operating in India, the UAE and Australia
- It has teamed up with Dubai premium used-car dealer Alba Cars; together they sell over 1,000 vehicles every month in the UAE
- Cars24 brings technology, financing and infrastructure, while Alba adds its retail presence, customer ties and local brand
What happened
- Cars24 and Alba Cars announced a tie-up in the UAE.
- Combined sales top 1,000 vehicles a month.
- Both firms were founded in 2015.
Why it matters
- Cars24 gets a strong premium retail base in Dubai.
- Alba gets Cars24's technology and financing.
- The pair aim to expand across the wider region.
The business
- Alba Cars has over 200 staff and sells about 300 cars a month.
- It offers cars from more than 20 brands.
- Cars24 operates in India, UAE and Australia.
In numbers
1,000+Monthly UAE sales (combined) · 2026
What happens next
- Expand further across the region
The numbers around it
Cars24 has 1 funding rounds in StopDown's archive, $1.3 Bn raised in all.
| When | Round | Amount | Led by |
|---|---|---|---|
| 2 March 2026 | Series F | ₹3,500 Cr | MARS Unicorn Fund |
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