New Delhi: In a significant leadership move, autotech platform Cars24 announced on Monday the elevation of Himanshu Ratnoo to the position of Chief Executive Officer (CEO) of Used Cars India. The announcement was made by Vikram Chopra, Founder and CEO of Cars24, in an internal email to the organization.
In his new role, Ratnoo will assume responsibility for overseeing the company’s C2B and retail operations. His primary focus will be to strategically scale growth and drive innovative solutions within the used car market.
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Ratnoo, known for his “founder mindset,” has been instrumental in driving Cars24’s success. His contributions have been significant, encompassing the development of successful franchise models, the implementation of effective lead monetization strategies, and the introduction of a refined approach to luxury car transactions. Furthermore, he has spearheaded the expansion of value-added services, significantly enhancing customer experiences and aligning with Cars24’s overarching vision of simplifying car ownership.