CARS24 Eyeing IPO In 6-12 Months: CEO Vikram Chopra

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Amid the ongoing startup IPO boom, used car marketplace CARS24’s cofounder and CEO Vikram Chopra said the startup is looking to go public in the next six to twelve months. 

Without sharing details about the size of the public issue or the valuation that CARS24 would target, Chopra highlighted significant improvements in the startup’s financial health to support its bid to crack the $200 Bn used car market. 

In a post on LinkedIn, Chopra said the startup’s adjusted net revenue in the first…



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CARS24 Eyeing IPO In 6-12 Months: CEO Vikram Chopra


Amid the ongoing startup IPO boom, used car marketplace CARS24’s cofounder and CEO Vikram Chopra said the startup is looking to go public in the next six to twelve months. 

Without sharing details about the size of the public issue or the valuation that CARS24 would target, Chopra highlighted significant improvements in the startup’s financial health to support its bid to crack the $200 Bn used car market. 

In a post on LinkedIn, Chopra said the startup’s adjusted net revenue in the first…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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