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Former co-founder of PropTiger Prashan Agarwal launches car portal 19miles

Prashan Agarwal, the former co-founder of
online real estate services portal PropTiger, has launched a peer-to-peer
transaction marketplace called 
19miles,

Prashan Agarwal, the former co-founder of
online real estate services portal PropTiger, has launched a peer-to-peer
transaction marketplace called 
19miles,
for buying and selling used cars, reports 
VCCircle.
The startup also secured Rs 2.5 crore funding from an unnamed angel investor.

19miles will use the funding to hire
engineers in product and technology, as well as to expand to other cities. As
of now, the platform is only available to users in Delhi.

Users can browse cars for sale on the
platform (as of now only 17 of them), based on make, price, kilometres used,
year, owner, colour, fuel and transmission. The company offers users a 7 day or
250 km money back return and a three month or 4000 km warranty on cars
purchased on the platform.

19miles claims to certify cars with a 160
point certification from its experts, including ownership details, service
records and the health of the car. Additionally, the company claims to take
care of all the paperwork. For users looking to sell their cars on the
platform, the company provides free inspection and photography and claims to
guarantee the sale of select vehicles within 30 days from the date of
inspection.

In late May this year, PropTiger.com’s
former co-founder Prashan Agarwal had quit the company to set up a new venture. Agarwal had started the company
four years ago with partner Dhruv Agrawala. 

Last year, News Corp had acquired a
25 per cent stake in PropTiger for $30 million. in June, the global media
conglomerate hiked its stake in PropTiger to 30 per cent for an undisclosed
amount.

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