Notice: Undefined index: arttype in /me/beta.myiris.com/htdocs/newsCentre/storyShow.php on line 9

Notice: Undefined index: secTitle in /me/beta.myiris.com/htdocs/newsCentre/storyShow.php on line 9

Notice: Undefined index: secID in /me/beta.myiris.com/htdocs/newsCentre/storyShow.php on line 9

Notice: Undefined index: arttype in /me/beta.myiris.com/htdocs/newsCentre/storyShow.php on line 10

Warning: include_once(/newsCentre/captcha.php): failed to open stream: No such file or directory in /me/beta.myiris.com/htdocs/newsCentre/storyShow.php on line 25

Warning: include_once(): Failed opening '/newsCentre/captcha.php' for inclusion (include_path='.:/usr/share/php') in /me/beta.myiris.com/htdocs/newsCentre/storyShow.php on line 25

Notice: Undefined index: secTitle in /me/beta.myiris.com/htdocs/newsCentre/storyShow.php on line 27

Notice: Undefined index: secTitle in /me/beta.myiris.com/htdocs/newsCentre/storyShow.php on line 47

Notice: Undefined index: arttype in /me/beta.myiris.com/htdocs/newsCentre/storyShow.php on line 48

Notice: Undefined index: secID in /me/beta.myiris.com/htdocs/newsCentre/storyShow.php on line 49

Notice: Undefined variable: storySecID in /me/beta.myiris.com/htdocs/newsCentre/storyShow.php on line 57

Notice: Undefined index: secTitle in /me/beta.myiris.com/htdocs/newsCentre/storyShow.php on line 59

Warning: count(): Parameter must be an array or an object that implements Countable in /me/beta.myiris.com/htdocs/newsCentre/storyShow.php on line 223

Warning: include_once(./functions/secwiseNewsFunctions.php): failed to open stream: No such file or directory in /me/beta.myiris.com/htdocs/newsCentre/bodyTop.php on line 5

Warning: include_once(): Failed opening './functions/secwiseNewsFunctions.php' for inclusion (include_path='.:/usr/share/php') in /me/beta.myiris.com/htdocs/newsCentre/bodyTop.php on line 5
Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
07 July, 2025 12:19 IST
CARS24 in strategic partnership with Bajaj Finance
Source: IRIS | 31 Dec, 2021, 12.56PM
Rating: NAN / 5 stars.
Comments  |  Post Comment

Notice: Undefined variable: fileR in /me/beta.myiris.com/htdocs/newsCentre/bin/addLinksNew.php on line 17

Notice: Undefined variable: fileR in /me/beta.myiris.com/htdocs/newsCentre/bin/addLinksNew.php on line 142

CARS24, India's leading e-commerce platform for pre-owned vehicles has collaborated with Bajaj Finance, to lift the veil from used car financing and facilitate a quick, frictionless and streamlined shopping experience.This move follows a Series G funding round announced in December 2021 that raised USD 400M for the used cars e-commerce player - CARS24.

While the consumer demand for pre-owned vehicles is skyrocketing, the consumer financing penetration in the Indian used cars industry stands at only ~15%. Realizing the key role financing plays when investing in a car, CARS24 and Bajaj Finance, are enabling consumers by improving their financial flexibility and providing greater accessibility of owning a car.

Ruchit Agarwal, Co-founder & CFO, CARS24 said, "CARS24 is poised to rewrite the industry rules. We are on a mission to fulfill the dream of more Indians to own a car by focusing on delivering a fully seamless financing solution to our consumers. In this process, we are sure our partnership with Bajaj Finance will prove to be a perfect product market fit. CARS24, along with BFL, is putting the consumer first when it comes to financing used car purchases- all combined with ease of use, highest quality customer experience and transferring control back to the consumer."

Commenting on this strategic partnership, Anup Saha, Dy. CEO Bajaj Finance, said, "Providing easy and accessible finance solution is at the core of Bajaj Finance. This synergic partnership promotes the idea of finance for used cars to a larger audience. We believe, there is huge potential in the used car segment and the right financial solutions will only help customers make the right decision in exploring this option. Customers can now expect a completely seamless buying experience, coupled with quick approvals, minimal documentation and other value added services & offers."CARS24 Financial Services, a wholly owned subsidiary of CARS24 Services,  offers car lending to used car buyers making lending simpler, safer, faster, and more accessible. 

Shares of the company gained Rs 86.65 or 1.26%, to trade at Rs 6,955.50. The total volume of shares traded was 10, 560 at the BSE (Friday).


 Post Comment
Name Email
Comment
Security Code type   
Notice: Undefined variable: captchacode in /me/beta.myiris.com/htdocs/newsCentre/comments.php on line 183
into this box
Related Articles

Notice: Constant DOC_ROOT_FOR_HTML_FILES already defined in /me/beta.myiris.com/htdocs/newsCentre/rightSideTabs.php on line 1

Notice: Undefined index: secID in /me/beta.myiris.com/htdocs/newsCentre/storyShow.php on line 470

Notice: Undefined index: secID in /me/beta.myiris.com/htdocs/newsCentre/storyShow.php on line 470
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer


Warning: fopen(/me/beta.myiris.com/htdocs/newsCentre/news_web_count.txt): failed to open stream: Permission denied in /me/beta.myiris.com/htdocs/newsCentre/storyShow.php on line 566

Warning: fwrite() expects parameter 1 to be resource, boolean given in /me/beta.myiris.com/htdocs/newsCentre/storyShow.php on line 567

Warning: fclose() expects parameter 1 to be resource, boolean given in /me/beta.myiris.com/htdocs/newsCentre/storyShow.php on line 568

Notice: Undefined index: key in /me/beta.myiris.com/htdocs/newsCentre/storyShow.php on line 571