How This Startup is Simplifying The Process of Buying Cars A platform where car buyers and owners can research, buy, sell and come together to talk about their cars.

By Samiksha Jain

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Understanding that a car is the second-most expensive asset a consumer associates his lifestyle with; Carwale provides a platform where car buyers and owners can research, buy, sell and come together to discuss and talk about their cars.

The startup aims to empower Indian consumers buy making them informed about car buying and ownership decisions with exhaustive and un-biased information on cars through their expert reviews, owner reviews, detailed specifications and comparisons.

Founded in October 2005 by Mohit, Gaurav, Tufail and Arun, Carwale became the first website in India to consolidate used car inventory across dealers and present it to car buyers in an online marketplace.

Mohit Dubey didn't build Carwale for 11 long years to get acquired by a company which is 2-3 times smaller in size. He sold it as, "it was right for the business," as he puts it. He shares his learning and the action behind the deal and the road ahead in a chat with Entrepreneur India.

"You build companies with passion; you build companies which you can run for the rest of your life. You never build a company thinking about I will get acquired or I will get merged. I think, as you build a company you get to see opportunities which could be really interesting. And the question you really asked as a founder all that time is "what is really right for me or right for share holder or investor' but "what is really right for the company'. What is really right for me to serve the purpose that I start the company with," said Dubey.

Samiksha Jain

Former Staff, Entrepreneur.com

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Growing a Business

'Boring' Businesses Are Making Millionaires — and You Can Borrow Their Strategies For Success

The silent growth strategy reveals how understated, steady businesses are quietly creating wealth for entrepreneurs in 2025. By focusing on long-term consistency and incremental progress, these "boring" industries are proving to be gold mines for those willing to embrace stability over hype.

News and Trends

goSTOPS Raises INR 35 Cr in Series A to Expand Youth Travel Hostel Network

goSTOPS will use the fresh funding to expand to 10,000 beds across 100 locations, enhance operations, upgrade technology, and improve social experiences, solidifying its position as a leading youth travel brand.

News and Trends

AmpereHour Energy Secures $5 Million in Series A Funding to Drive Energy Storage Expansion

The fresh funding reinforces AmpereHour Energy's position as a key player in the energy storage market, driving the transition to renewable energy with reliable, scalable, and cost-effective solutions.

Business News

YouTuber MrBeast Makes More Money From His Side Hustle Than From His YouTube Videos

The 26-year-old creator has racked up hundreds of millions of views and subscribers on YouTube, but it isn't his main moneymaker.

News and Trends

100X.VC Funds 22 Startups, Invests a Total of USD 3.4MN

The new set of portfolio companies were announced during the in-person VC Pitch Day, attended by over 400 investors which included HNIs, Family Offices, Venture Capital Funds and Corporations in Mumbai.