CARS24 raises $52 million in ongoing Series D round

Gurugram-based used car buying startup CARS24 has raised $52 million, likely in its ongoing Series D funding round, Entrackr reported citing regulatory filings. Entrackr's sources said that the ongoing round is likely to be closed between $90-100 million. Founded in 2015, CARS24 had closed its $50-million Series C funding round led by Sequoia Capital in October last year.