CARS24 opens its 100th branch in Kolkata

CARS24 has launched its 100th store in Kolkata and the first in the East region. The online used car company now has its presence across 18 cities in India. 

According to the company, it has a double-digit market share in markets like Delhi, Mumbai and Bangalore and expects a business growth of 150% during the next financial year. The company plans to open 10 more branches by the end of the current fiscal and aims to set up 1,000 branches in 100 cities by 2020.

CARS24 currently employs 1,800 people across India. The company has over 10,000 business partners in more than 100 cities participating in online auctions.