Strong Core and Geographic Expansion featuring 3.35-billion-baht debt funding raised from investors in India, Australia, and the UAE plus Series-G equity round led by Alpha Wave Global
With supply chains in the automotive industry continuing to be disrupted due to Covid-19, demand has surged in the used-car market. Today, one of the startups that’s seeing a lot of growth as a result of that is announcing a big round of funding to further tap the opportunity. Cars24, a startup out of India […]
CARS24, India s leading e-commerce platform for pre-owned vehicles, on Monday announced it has raised $400 million, including a $300 million Series G equity round, along with $100 million debt from diversified financial institutions.This round .
This round is CARS24’s third in just over a year and values the used cars e-commerce player at $3.3 billion, about double the valuation from its previous round in September 2021, the company said.