“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.
“We are confident that Kunal’s obsession with cars, bikes and engines will further help us strengthen our foothold in this highly fragmented pre-owned car market in India, which showcases an immense potential to grow,” he said.
Mundra is an IIM-B alumnus with over 16 years of experience across different industries. He was the CEO and founder of CEAT Specialty Tyres for five years, and a member of ExCom for CEAT Tyres, according to the release. In his recent past, he was an executive vice president at Bain Capital Private Equity.