Ruchit Agarwal – Cars24

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Professional Overview

  • Ruchit Agarwal is a co-founder and the Chief Financial Officer of CARS24, an innovative online used car marketplace launched in 2015.
  • He has a strong educational background with a degree from Cornell University and extensive professional experience, including previous roles at Infosys.
  • Under his leadership, CARS24 has grown significantly and is valued at approximately $3 billion, making it a key player in the automotive e-commerce landscape in India.
  • Ruchit introduced initiatives aimed at fostering an inclusive workplace, such as the 'Flow Time-Out', allowing all women and transgender employees to take time off during their periods.
  • He has leveraged his experiences in the U.S. job market to drive entrepreneurship in India, exemplifying the successful transition back to build a startup.
Professional Experience
CompanyDesignationPeriod
Infosys Technologies LtdAnalyst / ConsultantNov 2004 – May 2007
Bank of America Merrill LynchVice PresidentMay 2010 – Jun 2014
AetnaAssociate, Corporate FinanceJun 2009 – May 2010
Bank of AmericaInvestment Banking Summer AssociateJun 2008 – Aug 2008
CARS24Co-Founder and Chief Financial AutonautJul 2015
Bank of America Merrill LynchVice PresidentJul 2014 – Jul 2015
M/S Virendra Jumsarp & DK Bansal, Chartered AccountantsArticleJul 2001 – Oct 2004
Cars24 Services Private LimitedDirector25 Jan 2022 – Present
Cars24 Financial Services Holding Private LimitedDirector24 May 2024 – Present
Nnc Advisors LlpDesignated Partner19 Dec 2022 – Present
Vmrg Advisors LlpDesignated Partner11 Oct 2023 – Present
Cars24 Wholesale Services Private LimitedDirector04 Jun 2024 – Present
Cars24 Financial Services Private LimitedWhole-time director04 Jul 2019 – Present
Current Appointments
CIN/LLPCompanyDesignationDate
ABZ-5136Nnc Advisors LlpDesignated Partner19 Dec 2022
ACD-3152Vmrg Advisors LlpDesignated Partner11 Oct 2023
U45300HR2024PTC122206Cars24 Wholesale Services Private LimitedDirector04 Jun 2024
U62013HR2024PTC121884Cars24 Financial Services Holding Private LimitedDirector24 May 2024
U65990HR2018PTC075713Cars24 Financial Services Private LimitedWhole-time director04 Jul 2019
U74999HR2015FTC056386Cars24 Services Private LimitedDirector25 Jan 2022

Estimated Net Worth

Estimated Range: ₹0 – ₹1000+ Cr (approx. $0 – $120M+)

Based on publicly accessible filings, industry benchmarks, and leadership compensation patterns.

Executive Contact

Official Email: Via Cars24 corporate communication desk.

Personal Contact: Not publicly disclosed.

Frequently Asked Questions

What is Ruchit Agarwal's net worth?
Estimated ₹0 – ₹1000+ Cr (approx. $0 – $120M+).

How can I contact them?
Through Cars24's official communication channels.

Is this an official profile?
No — independently created using public data.

Disclaimer

This profile is created for general informational purposes. All details are based on publicly accessible information and independent research. While accuracy is prioritized, content may not always reflect the latest updates.

Nothing here should be interpreted as investment, financial, or legal advice. The individual featured has not authored or endorsed this profile.

Personal information is intentionally withheld. For official matters, please use formal communication channels associated with the respective organization.

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Last Updated: December 2025 · Published by Affluense AI (affluense.ai)

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