Bhubaneswar: Tech-based used car marketplace Cars24 on Monday opened its first outlet in Odisha.
With this outlet on the Janpath at Saheed Nagar here, the company has now reached 73 cities and is intending to expand to more tier-III and tier-IV towns.
“Given our expansion plan in 2020, we will be adding approximately 200 more branches, perhaps adding 100 more cities to our entire portfolio,” said Gajendra Jangid, Co-founder and Chief Marketing Officer (CMO), Cars24, said.
Jangid said that the supply mostly comes from tier-I cities, while the same cars end up being sold in tier-II and tier-III cities.
Cars24 buys used cars from users and sells them to businesses across India. The company is backed by Sequoia India, Exor Seeds, Apoletto, Kingsway Capital and US-based investment firm KCK.
Bhubaneswar: Launching a scathing attack on Chief Minister Naveen Patnaik and 5T chairman V K…
New Delhi: The Central Bureau of Investigation(CBI) on Wednesday launched a nationwide search operation covering…
Bhubaneswar: Bhubaneswar Municipal Corporation (BMC) has begun the installation of temporary sheds at different traffic…
Bhubaneswar: Odisha's gross GST collections increased by 17.21% to Rs 5902.25 crore in April this year…
Bhubaneswar: Amid the prevail heatwave conditions, the India Meteorological Department (IMD) has issued light to…
New Delhi: Actor Rupali Ganguly of 'Anupama' fame on Wednesday joined the BJP at the…
Bhubaneswar: The Supersonic Missile-Assisted Release of Torpedo (SMART) system was successfully flight-tested at around 8.30…
New Delhi: The wait is finally over. Sanjay Leela Bhansali’s ambitious project Heeramandi: The Diamond…