Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.


Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence


Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » Business
1-min read

Former Cricket Captain MS Dhoni Invests in CARS24, Set to Become Its Brand Ambassador

Founded in 2015, CARS24 is among the largest platforms for buying and selling cars in the country.


Updated:August 13, 2019, 3:13 PM IST
Former Cricket Captain MS Dhoni Invests in CARS24, Set to Become Its Brand Ambassador
File photo of Indian cricketer MS Dhoni.

New Delhi: Former Indian cricket captain Mahendra Singh Dhoni has invested in tech-enabled used car firm CARS24, the company said on Tuesday. As part of the partnership, Dhoni will own equity in the company and will become its brand ambassador, CARS24 said in a statement.

The size of deal was however not disclosed. The investment is part of series D round of funding, it added.

"His (Dhoni's) ability to constantly evolve, innovate and find solutions to every problem thrown at him over the years has made him the most celebrated captain in the Indian history," CARS24 co-founder and CEO Vikram Chopra said.

CARS24 lives by these values and hence the partnership felt natural and perfect, he added.

Founded in 2015, CARS24 is among the largest platforms for buying and selling cars in the country. The company has recently announced its foray into the franchise model and intends to scale up its presence in over 300 tier II and beyond markets by 2021.

It has over 10,000 channel partners from more than 230 cities across India and over 155 branches in more than 35 cities. The company is backed by investors like Sequoia India, Exor Seeds, partners of DST Global, Kingsway Capital and KCK.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Subscribe to Moneycontrol Pro and gain access to curated markets data, trading recommendations, equity analysis, investment ideas, insights from market gurus and much more. Get Moneycontrol PRO for 1 year at price of 3 months. Use code FREEDOM.

Read full article
Next Story
Next Story

Also Watch

Most Active
Company Price Change %Gain
Yes Bank 57.85 -11.54
LIC Housing Fin 424.00 -8.50
DLF 149.45 -12.91
Indiabulls Hsg 450.60 -6.81
Maruti Suzuki 6,235.90 0.11
Company Price Change %Gain
LIC Housing Fin 424.15 -8.53
Yes Bank 57.80 -11.62
DLF 149.65 -12.79
Tata Steel 339.35 -1.08
Indiabulls Hsg 450.90 -6.62
Top Gainers
Company Price Change %Gain
Britannia 2,453.00 2.87
TCS 2,228.00 1.91
Dr Reddys Labs 2,545.90 1.71
HUL 1,873.55 1.27
Tech Mahindra 680.30 1.11
Company Price Change %Gain
TCS 2,228.55 1.95
HUL 1,873.25 1.26
HCL Tech 1,080.90 0.85
Maruti Suzuki 6,242.00 0.31
Bharti Airtel 355.25 0.17
Top Losers
Company Price Change %Gain
Yes Bank 57.95 -11.39
Vedanta 127.10 -9.18
Indiabulls Hsg 450.50 -6.83
Coal India 178.55 -5.43
Tata Motors 107.45 -4.40
Company Price Change %Gain
Yes Bank 57.80 -11.62
Vedanta 127.00 -9.22
Coal India 178.55 -5.40
Tata Motors 107.90 -3.92
Hero Motocorp 2,640.00 -2.73

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results