06 Jan 2026 | 5 Mins Read
Cars24 acquires CarInfo with SoftBank backing
Flipitmoney
Cars24, a used-car marketplace, acquired CarInfo, a vehicle information platform, for approximately Rs 118 crore. CarInfo helps users track vehicle-related information and has 12 million monthly users in India. Cars24 aims to simplify car ownership by combining CarInfo's information-led approach with its transaction ecosystem, enabling a better ownership experience.