The Cars24, a Gurgaon-based tech-enabled used car marketplace, launched its operations in Odisha by opening its 200th branch here on Monday.
With this, the Cars24 became the first organised used car market player to step foot in the State. Focusing to offer the quality services, the company is growing at a rapid pace and has witnessed a tremendous growth of 115 per cent in 2019. The company has planned to scale up its presence in over 300 Tier II, III and IV markets by 2021.
“Our strong network of partners across India and 200 branches in more than 70 cities defines the chart of our growth. While we remained focused on strong execution, our highly successful used car selling model helped us make the buying and selling process in this space transparent, ” said Car24 CMO Gajendra Jangid.
Car 24 Bhubaneswar head Bindu Tripathy said, “The Cars24 being the first organised market player have an opportunity to establish a strong base in Odisha. Not only used car sellers but also the channel partners are excited as it will help them scale their business too.”