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Cars24 cofounder Mehul Agrawal exits day to day role before IPO plans
Startups
Published on 30 April 2026
He leaves operations but stays on the board
Cars24 cofounder Mehul Agrawal is stepping down from his operating role after more than a decade, while continuing as a board member. The leadership shift comes shortly after cofounder Gajendra Jangid exited as CMO. The changes are unfolding as Cars24 scales its business and moves toward preparations for an IPO.
- Mehul Agrawal steps back from day to day operations
- He will stay involved as a board member
- The move follows Gajendra Jangid’s CMO exit
- Cars24 is growing and preparing for an IPO
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times