Cars24 Channel Partner App Download
Kum Alcini
CARS24 Partners is an Android app developed by CARS24 Services Private Limited. It is a one-stop solution for registered business partners in the used car purchasing industry. The app offers a wide selection of cars with a certified inspection report and credit financing options for business partners through NBFC & Lending Partners.
The app is designed for pre-owned car dealers who want to join the CARS24 partner network. The registration process is simple and can be done through the app or by calling the customer service number provided. CARS24 Partners makes it easier for dealers to source used cars and helps them to expand their business.
The company operates 202 branches across 73 cities in India as of 2019.[10] Apart from its own branches, the company has a tie-up with more than 10,000 channel partners across 230 cities in India.[8] The company touched 150,000 annual car sales in 2019.[5]
CARS24 raised US$100 million in a Series D round of funding in 2019. Investors in the company include Sequoia Capital, Exor Seeds, partners of DST Global, Kingsway Capital, KCK and Unbound and Moore Strategic Ventures.[15] As a part of the series D round of funding, the company received an investment from cricketer Mahendra Singh Dhoni, who simultaneously became the company's brand ambassador.[16] Cars24 raised US$200 million in Series E round of funding in 2020 and became a unicorn startup as it was valued at over a $1 billion.[citation needed]
With a three-person SecOps team doing double duty handling compliance and multiple internal and external domains used by their channel partners and customers around the world, CARS24 had multiple concerns.
All one has to do is book an appointment with any of the Cars24 branches, visit the branch and sell a car in a single visit. The company has expanded its presence via franchise model and intends to scale up its presence in over 300 Tier 2, 3 and 4 cities and towns by 2021. At present, the company claims to have over 10,000 channel partners registered on its platform and intends to increase the network to more than 20,000 partners over the next 2 years.
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.
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.
CARS24, India's leading e-commerce platform for pre-owned vehicles and Poonawalla Fincorp Ltd (Formerly known as Magma Fincorp Limited), a non-deposit taking systemically important non-banking finance Company (ND-SI-NBFC), have announced their strategic partnership for quick and seamless consumer financing on vehicles bought from CARS24.
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.
Territory Manager - Sales
About Cars24 :
- Selling a car is outright painful. Right for the very first owner of a car in the 1880s, to an owner today - selling a car has been a disastrous experience. So much for all the advancements that include autonomous and flying cars!! Why is the problem worth solving? First, because you and I hate how we have to sell our car. So if we can fix it, we build a REAL big business. Good news is that given we (CARS24!) already buy around 15,000 cars every month, so we know how to fix it.
- Second, this gives us - a supply which is the leading factor in the used car market's equation and we have just started ruling the demand side of the equation by introducing a platform where people can buy a 100% verified used car from CARS24 at best price with no hassle for paperwork!
About the role :
- We are looking for a Territory Manager - Sales to expand our customer base and achieve sales quotas for various regions across the country.
- To be successful in this role, you should have previous experience managing the operation of a sizable region while taking accountability for reaching targets. You should also be able to remotely supervise a team of salespeople and set profitable goals. Our ideal candidates combine excellent communication skills with a strategic mindset.
- Ultimately, you will ensure your region of responsibility meets and exceeds the expectations of our business objectives and contributes to our companys success in the long run.
What you will do :
- Be a core team member of the Sales function for the state; be primarily involved in P&L achievement and strategy development.
- The incumbent is responsible for setting up the sales unit and processes manage daily performance of all sales team members and deliver regular reviews.
- Be responsible for planning acquisition, allocation & strategic alliances with channel partners in the city within the allocated territory.
- Achieve targeted territorial growth at a rate and margin consistent with the company's business plan.
- Monitor price discovery at the retail outlets & ensure targeted supply to all channel partners.
- Track sales team metrics and report data to leadership on a regular basis.
- Coach and develop direct reports.
- Implement performance plans according to company protocol.
Australian online car financing company Driva has partnered with CARS24 on September 13, 2021, with an aim to extend a loan-matching system that will help the customers to check out with finance within five minutes
The CARS24 success story, lies in the fact that the company has over 10,000 channel partners registered on its platform and it intends to increase the network to more than 20,000 partners over the next two years reported as of 2020. The company also said that it has been actively launching operations in many Tier 2 and Tier 3 cities.
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The Reserve Bank of India (RBI) also granted Cars24 an NBFC license for its new firm, CARS24 Financial Services. Cars24 Financial Services will help clients and financing channel partners build their businesses by facilitating automobile loans.
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