Cars24 has officially cracked the code, securing its first profitable quarter with a ₹20 crore EBITDA. By shifting from a simple marketplace to an AI-native ecosystem, the company boosted revenue per employee by 50%.
Retail GMV soared 35%. Lending exploded by 57%.
Ownership services jumped 11x. With UAE and Australia operations now profitable, the future of auto retail is undeniably automated.
Ownership services jumped 11x. With UAE and Australia operations now profitable, the future of auto retail is undeniably automated.