Cars24 scoops up $400 Mn at $3.3 Bn valuation
Shortpedia
Content Team
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E-commerce platform for pre-owned vehicles Cars24 has raked in $400 million in its Series G round led by Alpha Wave Global (formerly Falcon Edge Capital) along with participation from other existing investors. The round includes a cumulative debt funding of $100 million from investors across India, Australia, and the UAE. According to Cars24, it has been valued at $3.3 billion in the new financing.
