New Delhi: Infosys CFO Jayesh Sanghrajka has joined Cars24’s Board as an Independent Director.
The appointment comes at a crucial stage for Cars24 as it continues to scale operations and build institutional capabilities to support its long-term growth ambitions. Sanghrajka brings more than a decade of experience in public markets, corporate finance, mergers and acquisitions, investor relations, and governance.
As CFO of Infosys, Sanghrajka oversees the company’s finance function, M&A activities, and investor relations. He has also played a key role in managing the technology giant’s operations as a dual-listed entity in India and the United States, giving him extensive experience in navigating global capital markets and regulatory environments.
Announcing the development in a LinkedIn post, Ruchit Agarwal, Co-founder and CFO of Cars24, shared, “A big milestone for Cars24 and a full circle moment for me. When I started my career as a 25 year old at Infosys, Jayesh Sanghrajka was someone I looked up to. Today, I’m delighted to welcome him to the Cars24 Board as an Independent Director. Having a mentor I have admired for so long say yes to joining our Board is both humbling and exciting.”
Sanghrajka began his career at Infosys in 2004 as an analyst after qualifying as a Chartered Accountant. Over the years, he has held several leadership positions within the company, contributing significantly to its financial strategy, operational excellence, and growth trajectory before being elevated to the role of CFO.
His appointment is expected to bolster Cars24’s corporate governance standards and provide valuable strategic guidance as the company sharpens its focus on profitability, sustainable growth, and capital market readiness.
The move reflects a broader trend among high-growth startups and technology-led companies strengthening their boards with seasoned industry leaders and public market veterans as they prepare for public listings and increased investor scrutiny.
With Sanghrajka joining the board, Cars24 gains access to deep expertise in financial stewardship, investor engagement, and large-scale corporate governance, positioning the company more strongly for its future growth and IPO aspirations.
