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AI NewsCars24 Launches Dedicated AI Labs With $20 Million to Back Tech Founders

Cars24 Launches Dedicated AI Labs With $20 Million to Back Tech Founders

12:46 AM IST · June 3, 2026

Cars24 Launches Dedicated AI Labs With $20 Million to Back Tech Founders

Pre-owned car platform Cars24 has launched "AI Labs" with a $20 million investment. Partnering with OpenAI, AWS, and ElevenLabs, the initiative will build in-house AI-native products and fund early-stage startups building transformative technologies.

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Cars24 Launches Dedicated AI Labs With $20 Million to Back Tech Founders