Cars24 is reshaping its business around AI as founder Vikram Chopra seeks to simplify operations, boost productivity and expand globally. The company’s $20 million investment in AI comes after it reported its first adjusted EBIT-positive quarter in Q4 FY26, with Chopra prioritising long-term growth over a fixed IPO timeline.
\n\nCars24 Founder and CEO Vikram Chopra is betting on artificial intelligence to accelerate growth, overhaul the company's organisational structure and drive its next phase of global expansion. Speaking to CNBC-TV18's Shereen Bhan on Young Turks Reloaded, Chopra outlined his ambition to achieve a decade's worth of growth in just one year, even as the company prepares for a potential IPO.
\n\nGet up close and personal with the voices shaping markets and driving India’s business narrative.
\n\nStep inside CNBC-TV18’s state-of-the-art studio in Mumbai — where markets are tracked in real time and stories of business and finance come to life
\n\nUnlock Global Business and Financial News, Stock Quotes, Market Insights into how Wall street’s Biggest Players are positioning themselves.
Original source: https://www.cnbctv18.com/technology/