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Newest unicorn in town: CARS24 raises $200 mn in Series-E funding

Nov 24, 2020 - Business Standard India
Investments-Partnership Announcement

The company was valued at over $1 bn in the funding round led by DST Global CARS24, an online transaction platform for pre-owned vehicles, became the latest Indian startup to become a unicorn. The company on Tuesday announced raising $200 million in Series-E funding round led by DST Global where it was valued at over $1 billion. Existing investors in the startup, such as Exor Seeds, Moore Strategic Ventures and Unbound, also participated in the funding round.

The company will use t...