CARS24 opens an Engineering R&D Centre in Bengaluru
CARS24, India’s largest auto-tech firm for pre-owned automobiles, has today launched its first Engineering Research and Development Center (R&D Center) in Bengaluru, taking a huge step towards driving innovation and growth in the pre-owned vehicle sector. The center’s primary goal will be to provide cutting-edge solutions for used car inspection, refurbishing, and reconditioning. The centre will employ engineers and specialists from around the country and will be equipped with cutting-edge technology and manned by a team of professionals directed by Mr. Marut Singh, Chief Technological Officer, and Anmol Singh, Vice President of Engineering. The center’s AI-powered algorithms will assure accurate car value, allowing CARS24 to elevate the industry standard and retain its market-leading position in customer satisfaction.
The R&D Center, which is located in Bengaluru’s HSR Layout, is a crucial milestone in CARS24’s expansion goals, as the firm continues to revolutionise the country’s pre-owned automobile sector. In addition to developing advanced technological solutions for vehicle inspection and valuation, the centre will analyse data on pre-owned vehicle sales and market trends, developing statistical models and machine learning algorithms to forecast future demand for specific types of vehicles, identify growth opportunities, and optimise pricing strategies.
RELATED ARTICLES | Used Cars in demand |Cow dung Solution for Cars |
“Our R&D centre in Bengaluru is a testament to our dedication to pushing ongoing innovation, with an emphasis on client happiness,” stated Marut Singh, Chief Technical Officer of CARS24, of the center’s opening. As the used automobile market expands, we are certain that our centre will stimulate technical breakthroughs to satisfy the industry’s changing demands. Our Bangalore centre, with cutting-edge technology and experience, will play a critical role in our future growth for domestic and international markets, putting us firmly on the path to profitability.”
