The company, whose founders have decided to forego their salaries for the next six months amid the Covid-19 crisis, said the employees will get ESOPs worth two times the amount they invest
The used cars space is expected to reach 6.7 to 7.2 million cars per year and be valued at Rs 50,000 crore by FY22
Along with two new entities, existing investors KCK, Agnelli (Fiat) Family and Sequoia India also participated in the funding round
Ad campaign by Cars24 says scientific inspection of a used car is surest way to get best price