CARS24 Acquires Automotive Forum Team-BHP

The company did not disclose the financial terms of the deal

As a part of this acquisition, CARS24 will strengthen Team-BHP’s product, tech stack and AI capabilities

Team-BHP will continue to be operated independently by its founding team

IPO-bound used car marketplace Cars24 has acquired homegrown automotive forum Team-BHP.

With this investment, CARS24 will strengthen Team-BHP’s product, tech stack and AI capabilities, the latter said in a blog post. However, it…