Mundra will be in charge of company’s car business in India and together with the co-founders will work on expansion strategy, according to company statement.
“In this hyper growth stage, it has become imperative for us to invest in building strong leadership teams and Kunal’s experience across various sectors will go a long way in strengthening Cars24’s four-wheeler vertical- by playing on our existing strengths and at the same time keeping the brand agile for the next leap,” Vikram Chopra, co-founder and CEO, Cars24 India said.
Mundra is an experienced entrepreneur and manager. He was founder and CEO of CEAT Specialty Tyres. Lately he was an executive VP at Bain Capital Private Equity, where he closely worked with their portfolio companies to overcome formidable challenges.