India’s leading auto-tech platform, CARS24, has acquired Team-BHP, the country’s most respected and fiercely independent automotive community. This marks a pivotal moment in India’s automotive landscape, where scale meets sincerity, and trust is built on meaningful, community-driven information.
For over 20 years, Team-BHP has been a trusted hub for car and bike enthusiasts, known for its honest, in-depth reviews and passionate discussions, free from commercial bias. Powered by millions of dedicated members, the platform has upheld its core values of truth, independence, and automotive passion.
Team-BHP will continue to operate independently under its founding team, maintaining its strict no-sponsored-content policy, robust moderation, and community-first ethos. CARS24 will support the platform with enhanced product, technology, and AI capabilities to elevate the user experience for its loyal readers and members.
CARS24, India’s leading auto-tech platform, has acquired Team-BHP, one of the country’s most respected and independent automotive communities. While the deal’s financial details haven’t been disclosed, the move marks a significant step in CARS24’s efforts to expand its ecosystem.
Team-BHP, founded in 2004 by car enthusiasts, has grown into India’s largest automotive forum, with over 4.5 million posts and more than 20 million yearly visitors. The platform is known for its detailed car reviews, industry insights, and strong community values, operating with a strict no-sponsored-content policy and independent moderation.
Despite the acquisition, Team-BHP will continue to run independently under its founding team. CARS24 will help boost its product, technology, and AI capabilities, improving user experience without compromising the platform’s core values.
According to Team-BHP founder Rush Parekh, the partnership with CARS24 will allow them to build at a greater scale while preserving the trust and transparency that define the platform.
CARS24, founded in 2015, operates a marketplace for used cars, offering services like financing, insurance, and warranties. The acquisition comes as part of the company’s broader expansion strategy. Recently, it launched an AI-powered video buying platform, a credit platform called LOANS24, and a tool to find nearby driving schools.
In FY24, CARS24‘s revenue increased 25% to ₹6,917.1 crore, although its net loss also rose slightly to ₹498.4 crore. The company competes with players like CarDekho, Droom, and Spinny in the used car market, which is projected to grow to $73.52 billion by 2030.
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