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Cars24 cofounder Gajendra Jangid steps down as CMO as IPO timeline tightens

Startups
Published on 28 April 2026
Cars24 cofounder Gajendra Jangid steps down as CMO as IPO timeline tightens

He’s stepping away right before a possible IPO push

Cars24 cofounder Gajendra Jangid is taking a break from his CMO role amid fresh top-level changes at the used-car platform. The company says it is targeting an IPO within the next six to twelve months, supported by strong recent financial performance. The leadership shift is widely viewed as aligning the business for growth and a public-market debut.

  • Gajendra Jangid is stepping down from the CMO role
  • Cars24 is targeting an IPO within 6 to 12 months
  • The move follows other senior leadership changes
  • Strong recent financial results bolster the growth narrative
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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