CARS24 was founded with a view to organize the vastly unorganized used car industry in India. With over 30-35 lakh used cars being sold every year in the country, only 20 lakh new cars were being purchased. This clearly means that the used car market is much bigger and hence there is a strong consumer demand but the supply is restricted. Thus unlike other market players, we focussed on the supply instead of the demand. With industry-leading insights, we at CARS24, have been tirelessly trying to drive the supply side with our team at the wheel. Our efforts have constantly been noticed now as yet again both our founders – Vikram Chopra (CEO) and Mehul Agrawal (COO) have been featured in The Hindu Business line.