Friday, 24 March, 2023

Used Vehicle sales platform Cars24 raises $450M at $1.84B valuation

<p>Cars24, a platform that sells used vehicles has raised $450M, with a Series F of $340M and $110M in debt. The company now has a $1.84B valuation, post-money, making it one of the more valuable private car-related startups. The round was led by DST Global, Falcon Edge, and SoftBank Vision Fund 2. Already operating in India, Australia, and UAE, the new funds will be used for further global expansion, said co-founder and CEO Vikram Chopra.<br /> <br /> <br /> &nbsp;</p>