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Скачать или смотреть Vikram Chopra Biography - Cars24 Founder, Net Worth, & Interesting Facts

  • Indianstartuptimes
  • 2023-10-13
  • 183
Vikram Chopra Biography - Cars24 Founder, Net Worth, & Interesting Facts
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Описание к видео Vikram Chopra Biography - Cars24 Founder, Net Worth, & Interesting Facts

Vikram Chopra Biography - Cars24 Founder, Net Worth, & Interesting Facts

In entrepreneurship, there are visionaries who not only dream but also bring those dreams to life. One such trailblazer is Vikram Chopra, the man behind the wheel at CARS24, India's largest marketplace for used cars. His journey from an ordinary student to a successful entrepreneur is inspiring. In this biography, we'll ride his life, unveiling the man behind the success.

Early Life and Education

Vikram Chopra's date of birth remains a mystery, but we know that he hails from India, a land known for producing some of the most brilliant minds in the world. His journey into the world of business began with a solid educational foundation. After completing his early schooling, Vikram embarked on a dual-degree adventure at the prestigious Indian Institute of Technology, Bombay. From 2001 to 2006, he immersed himself in technology and engineering, earning a BTech and an MTech degree.

The Road to Success

Following his academic pursuits, Vikram set out on his professional journey. In July 2006, he joined the esteemed McKinsey & Company as a Business Analyst, where he honed his skills and gained invaluable experience. He continued to thrive, working there until March 2009.
But Vikram wanted more than just a corporate career. In April 2009, he moved to Sequoia Capital, taking on the role of an Investment Analyst. His time there, which spanned nearly two and a half years, was marked by his unyielding dedication to understanding the intricacies of the business world.

Vikram's journey took an unexpected turn when he decided to pursue further studies at the Wharton School of Business in Philadelphia.

The Birth of a Vision

Vikram Chopra founded FabFurnish in January 2012, a venture specializing in online furniture and home decor retail in his homeland. His entrepreneurial spirit was undeniable, but it was in June 2015 that fate intervened. A spark of inspiration ignited during a casual conversation with his IIT friend, Gajendra Jangid.

Together, they conceived the idea of CARS24 - a platform dedicated to simplifying the buying and selling used cars. This venture marked the beginning of an exciting journey. Vikram and co-founders Mehul Agrawal and Ruchit Agarwal set out to redefine the used car market.

CARS24's Impact

CARS24 quickly gained traction, revolutionizing the used car market in India. With 205 branches spanning 182 cities in the country, it became the go-to place for individuals looking to sell or buy used cars. But their reach didn't stop at the Indian border; CARS24 expanded its operations to countries like the United Arab Emirates, Thailand, and Australia, solidifying its presence on a global scale.

In May 2020, CARS24 introduced a new segment, CARS24 Moto, focusing on selling used two-wheelers, including bikes, scooters, and mopeds. The platform's end-to-end transaction service and a 5% commission on every deal ensured its continued success.

The Road to a Unicorn

Vikram Chopra's vision took CARS24 to new heights. In 2020, the company reached unicorn status with a valuation of $1 billion after raising $200 million in its Series E funding round. Currently, CARS24's value is at a staggering $3.2 billion.

Personal Life

Vikram Chopra is a private individual, except that he is married to Richa, and their wedding was a destination event in Kerala. While his professional life shines brightly, he keeps his personal life away from the limelight.

A Man of Many Talents

In addition to his entrepreneurial journey, Vikram Chopra has also shared his insights and experiences through podcasts and interviews, making his story accessible to a broader audience. You can find his podcasts on various platforms, including YouTube.


To wrap up this Vikram Chopra biography, here are some intriguing facts about this dynamic entrepreneur:

Vikram Chopra is an IITian, a testament to his strong educational foundation.

Before founding CARS24, he ventured into the world of online retail furniture with FabFurnish.

In August 2015, he and his friend Gajendra Jangid embarked on the CARS24 journey.

The legendary Indian cricketer Mahendra Singh Dhoni invested in CARS24 during its Series D funding round and served as its Brand Ambassador.
Boman Irani, Mandira Bedi, and Nawazuddin Siddiqui have endorsed CARS24 in commercial advertisements, further establishing its brand presence.

During the IPL Season 2022, CARS24 proudly adorned the front of Sunrisers Hyderabad's shirts as their sponsor.

Vikram Chopra's journey from a diligent student to a visionary entrepreneur is a testament to the power of determination and pursuing one's dreams. Through his incredible venture, CARS24, he has not only transformed India's used car industry but also left a global footprint. Vikram Chopra's success story is a beacon of inspiration for aspiring entrepreneurs, and it leaves us with the valuable lesson that consistency, passion, and innovation can change the game.

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