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.