Mehul Agrawal is the founder of CARS24. CARS24 has raised $1.3B in total funding. Latest round: Series E. Backed by SoftBank. Based in Gurugram, India.
Mehul Agrawal is a co-founder of CARS24, a used car marketplace. He served as the chief operating officer (COO) of the SoftBank-backed company. In April 2026, Agrawal stepped down from his operational role at CARS24, though he remains on the company's Board. CARS24 is reportedly preparing for an initial public offering (IPO).
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