Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
CARS24 raises $400 mn, valuation doubles to $3.3 bn in 3 months
short by Hiral Goyal / on Monday, 20 December, 2021
Used-vehicles marketplace CARS24 said on Monday it has raised $400 million in funding, which includes a $300 million Series G round led by Alpha Wave Capital and $100 million in debt. Founded in 2015, the startup has almost doubled its valuation from $1.84 billion three months ago to $3.3 billion. CARS24 had earlier closed a $450 million round in September.
read more at TechCrunch