Himanshu Ratnoo, CEO of Cars24’s used-car business in India, is set to step down after nearly six years with the company. Following his exit, Cars24 co-founder and Group CEO Vikram Chopra will directly oversee the India used cars leadership team for the foreseeable future.
The development was communicated internally through emails exchanged between Ratnoo and Chopra on Sunday, which were reviewed by Entrackr.
While the company has cleared that the move is not linked to any internal differences, the timing of Ratnoo’s exit has raised questions…

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