Cars24 names Infosys CFO Jayesh Sanghrajka as independent director ahead of IPO push
The SoftBank- and Tencent-backed used-car platform is fortifying its board as it scales across India, UAE and Australia. Sanghrajka, who spent four years on Infosys' audit committee before becoming CFO, brings public-markets credibility to a company founded in 2015 and now positioning for a listing.
Cars24, the used-car marketplace, has appointed Infosys CFO Jayesh Sanghrajka as independent director, signaling governance strengthening as the company scales across India, UAE and Australia and prepares for public markets.
Why this matters
Follows Cars24's $20M AI Labs launch backing AI-first startups. Board fortification signals IPO readiness as the used-car platform scales internationally and builds public-markets credibility.
Leadership signals steady at 207 in last 90 days across retail.