Budget Express 2026

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Non-banking finance business to see sharp uptick this fiscal: CARS24's Gajendra Jangid

The company, which had acquired non-banking financial company (NBFC) license in 2019, had clocked a revenue of Rs 75 crore in FY22 from the used-car financing vertical.
SoftBank-backed Cars24 lays off 600 employees in cost-cutting drive

Cars24 joins the likes of well-funded tech startups such as Vedantu, Unacademy, and Meesho to lay off hundreds of employees as investments have dried up.

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