Startup news and updates: Daily roundup (November 26, 2024)

In its latest update, Cars24 has sold over 2 lakh cars in FY24, with its revenue nearing ₹7,000 crore. The used car platform attributes this growth to its technology-driven operations, streamlined processes, and increased trust among sellers and buyers. Cars24 has also expanded its services, including car financing and inspection solutions, to enhance its value proposition. The company’s robust growth reflects the increasing demand for organized solutions in India’s used car market. This achievement underscores Cars24’s leadership position in the sector and its ability to address the evolving needs of consumers with innovative offerings.