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Gajendra Jangid
Co-Founder and CMO CARS24 - Fortune40u40 - BW40u40 - Schlumberger - IIT Bombay
Gajendra Jangid is a prominent entrepreneur known for his role as Co-Founder and Chief Marketing Officer (CMO) at CARS24, a leading online platform for buying and selling used cars in India. He has been with CARS24 since its inception in May 2015 and is based in Gurgaon, Haryana, India. Under his leadership, the company has grown significantly, revolutionizing the way used cars are traded in the country.
Professional Background
Before co-founding CARS24, Jangid had an extensive career in the oil and gas industry with Schlumberger, where he held various engineering and managerial positions from 2006 to 2015. His roles included:
- Cementing Operations Manager: Managed operations for the Well Integrity Technology segment across India, Sri Lanka, and Bangladesh.
- Field Service Manager: Oversaw cementing operations for land projects within the same geomarket.
- Various Engineering Roles: Progressed through several engineering positions focused on cementing technology.
Education
Jangid holds a Bachelor's degree in Metallurgical Engineering and Material Science from the Indian Institute of Technology (IIT) Bombay, which he completed from 2001 to 2005. This strong educational foundation has contributed to his analytical skills and problem-solving abilities in his entrepreneurial ventures.
Contributions to CARS24
As CMO, Jangid is responsible for driving marketing strategies that enhance brand visibility and customer engagement. His efforts have been pivotal in positioning CARS24 as a trusted name in the used car market.
Gajendra Jangid's journey reflects a blend of technical expertise and entrepreneurial spirit, making him a key figure in the automotive sector in India.
Highlights
Nothing beats the smile that we get when a customer makes CARS24 a part of their families. It encourages us to get better each day. I feel proud and delighted to share some of my favorite moments from 2022 -
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In 2022, the majority of car buyers were under 35 years
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India’s car buying budget increased by a whopping 30 percent in 2022
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Even after years, Maruti remains the top car brand in India with every 1 in 3 buyers buying a Maruti car. Swift, Baleno, WagonR, Alto 800, and Brezza hold the maximum market share. Interestingly Maruti is followed by Honda, Hyundai, and Renault. However, we witnessed Kia as an emerging brand in the last quarter of the year
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India preferred getting its cars financed in the year gone by with an average EMI of INR 11,500
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Mileage is still the most important aspect while buying a car however, buyers also want premium features such as airbags, driver assist system, autoplay music systems, giant screens, camera controls, sunroofs
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Regional markets have started shopping for cars online with Ahmedabad and Pune in lead.
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Over 80% jump in Indians buying more than 1 car in 2022
Eager to accelerate in 2023!
We have recorded all these interesting highlights here :
https://lnkd.in/dkfChaFY
CARS24 #DrivingIndia
