Startup Profile

CarLelo

Legal entity: NBFC CarLelo Private Limited

India's first multi-brand virtual car showroom

E-commerceSeries AMarketplace· Mumbai, Maharashtra· Est. 2019Website ↗
CarLelo is an online new car sales marketplace founded in 2013 by Gaurav Aggarwal, offering a digital-first platform for customers to browse and purchase cars from multiple brands through dealership partners across India. In May 2023, the company was acquired by Capri Global Capital (51% stake) for INR 150 crore, integrating with Capri's automotive financing operations.
Funding raised
₹150.00 Cr
Total disclosed
Latest valuation
₹300.00 Cr
Most recent round
Latest revenue
₹1.27 Cr
FY FY25 (Mar 31, 2025)
Employees
28
FY FY25 (Mar 31, 2025)

Founders

  • Gaurav Aggarwal

    Founder and CEO of CarLelo; entrepreneur with 13+ years in car retail and tech-enabled automotive sales

Funding rounds

  1. Acquisition / Strategic Investment2023-05-25₹150.00 CrLed by Capri Global Capital
  2. Seed/Early Rounds2020-2022

Financials

MCA / self-reported
Fiscal yearRevenueProfit / (Loss)Employees
FY25 (Mar 31, 2025)₹1.27 Cr28

The full story

Rich-text rendering of long_story is wired in the design pass.

Timeline

  1. 2023-05-25Capri Global Capital acquisitionCapri Global Capital acquires 51% stake in CarLelo for INR 150 crore; platform operates across 34 cities with 1,200+ associates
  2. 2021-10-18CarLelo Private Limited incorporatedFormal incorporation of CarLelo as a private limited company in Delhi
  3. 2013Founded as car retail businessGaurav Aggarwal starts car retail operations

Data sources

  • seed-list · last fetched 2026-05-28
  • favicon · last fetched 2026-05-31
  • Inc42 · last fetched 2026-06-01
  • Tofler · last fetched 2026-06-01
  • YourStory · last fetched 2026-06-01
  • CarLelo Website · last fetched 2026-06-01
Updated 2026-06-01