MS Dhoni backs used cars portal Cars24

Date posted: Wednesday 14 August 2019

Cars24, a tech-enabled marketplace for used vehicles said it has raised an undisclosed amount of funding from cricketer Mahendra Singh Dhoni. Unlike a peer-to-peer buying and selling platform, Cars24 buys used vehicles from owners and sells them to dealers, fulfilling the end-to-end transaction. It earns revenue through commission from consumers, dealers and channel partners.

(ET Tech)