The participation of Cars24 will work to increase the capacities of products, technology and artificial intelligence of Team-BHP to improve the general experience of the user
CAR Marketplace Start-Up Cars24 has acquired the automotive team of the Forum in accordance with its official press release. As part of the acquisition, Team-BHP will continue to operate independently by its founding team. The participation of Cars24 will work to boost the capacities of products, technology and artificial intelligence of Team-BHP to improve the general experience of the user and bring new features that help members make automatic decisions.
Vikram Chopra, founder and CEO of Cars24, said: “As a brand is equally obsessed with solving real problems for car owners and bicycles, we see this as a long -term investment in the empowerment of the ideas for automobiles of India and the deepest tinquia
In response to the acquisition, Rush Parekh, founder of Team-BHP, said: “With Cars24 supporting us, and its technology and data in layers on our platform, we can now build with more scale, more depth and more intention. This is a bearing and this. Insights, without losing independence, transparency and integrity that brought us all here in the first place.”
Founded in 2015 by Mehul Agrawal, Ruchit Agarwal, Vikram Chopra and Gajendra Jangid, Cars24 serves an online platform that allows car owners to sell their used vehicles. In March, the car market company ventured in the new car market with an aggregate platform built to provide real -time cars prices and real time, as well as for AI routes for potential buyers. This was preceded by the launch of Cars24 Driving School, Discovery Platform in their application so that users find nearby management schools.
Team-BHP was launched in 2004 as an online platform for car enthusiasts and currently has a database or around 3 million publications and more than 15 million annual visitors according to its official website.
Posted on April 23, 2025