Cars24 acquires vehicle information platform CarInfo; CEO says, 'It is a go-to platform for over 1.2 crore users'

Used-car marketplace Cars24 has acquired Delhi-based vehicle information and management platform CarInfo, marking its second acquisition in the past year after buying automotive community platform Team-BHP.

As part of the deal, CarInfo will become part of the Cars24 ecosystem and will continue to operate as a standalone app with its existing team. BikeInfo operates as part of the CarInfo platform.

Financial details were not officially disclosed.

Announcing the acquisition on X (formerly Twitter), Cars24 founder and CEO Vikram Chopra said vehicle ownership problems often come from small but frequent issues rather than big failures.

“CarInfo (and BikeInfo) were built around a very practical insight: vehicle management for cars and bikes has remained complex as information is scattered across systems. CarInfo focused on addressing this by making vehicle information instantly accessible while reducing cognitive load, so owners could get what they needed easily,” he wrote.

He added that the platform “has become the go-to platform for more than 12 million users every month to solve their vehicle needs.”

Most car problems don’t announce themselves.

An insurance policy that expired last month. A  PUCC expiry that is so easy to miss, a challan you find out about too late. A FASTag that stops working when you’re already at the toll. A document you need urgently but can’t locate.…

— Vikram Chopra (@vikramchopra) January 5, 2026

Founded in 2019 and bootstrapped, CarInfo helps users access key vehicle-related details such as registration information, insurance and pollution certificate validity, challans, FASTag status, and other compliance requirements, an areas that often create friction due to fragmented government systems.

Chopra said many ownership issues arise from routine oversights like expired documents or missing records, and CarInfo was built to reduce this burden by making essential information easily available.

The acquisition fits into Cars24’s broader push to move beyond just buying and selling vehicles and cover the full ownership lifecycle.

In 2024, the company launched a superapp that brings together services such as vehicle repairs, financing, chauffeur booking, and service history records to better monetise its consumer base.

Cars24 continues to scale its business ahead of a potential public listing. In FY24, the Gurugram-based company sold over two lakh cars and reported operating revenue of Rs 6,917 crore, up 25% year-on-year, driven by higher sales volumes and better pricing. However, its net loss widened to Rs 498 crore.