Cars24 raises $450Mn at $1.84Bn valuation

  • The pre-owned vehicles selling platform Cars24 has raised $450Mn in the Series F round funding led by DST Global, Falcon Edge, Moore Strategic, and SoftBank Vision Fund

  • The funding has been raised at a valuation of $1.84Bn.

  • Out of the total amount, $340 million has been raised in the form of investment whereas the rest amount i.e. $110 million has been raised in the form of debt.

  • The company is expanding its operations in the UAE and Australia.

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