Cars24 Names Infosys CFO Jayesh Sanghrajka Independent Director Ahead Of IPO

IPO-bound used car marketplace Cars24 has onboarded Infosys CFO Jayesh Sanghrajka as independent director amid a top-deck reshuffle that saw cofounders and the India used-car CEO exit. The company posted ₹651 Cr H1 FY26 adjusted net revenue, up 18% YoY, with EBITDA losses narrowing 36%. Public listing eyed in 6-12 months.

— Filed Mon, 8 Jun, 2026, 16:02 IST · Source Inc42 · Updated

IPO-bound used car marketplace Cars24 has appointed Infosys CFO Jayesh Sanghrajka as independent director amid a top-deck reshuffle, with cofounders and India used-car CEO exiting. Cars24 plans a public listing in six to twelve months.

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