18 Sep 2025 | 5 Mins Read
India used-car startups see $1 billion IPO pipeline
Flipitmoney
Three Indian used car marketplaces - CARS24, CarDekho, and Spinny - are preparing for potential stock listings, with combined fundraising goals of over $1 billion. They are trimming costs, quitting secondary ventures, and restructuring businesses to assess investor appetite. IPOs are planned within 12-18 months, capitalizing on growing investor interest in domestic-focused businesses in India.