Cars24 Raises $259 Million In Funding At Around $1.75 Bn Valuation
Cars24, an online marketplace for used automobiles, has raised $258.6 million in its latest funding round from eight investors. First reported by Entrackr, DST Asia, Alpha Wave Incubation and Tencent (via Zennis Capital BV) have put in $75 million each in this funding round. As per the company’s regulatory filings […]
Cars24 Financial Services Raises Debt Funding Of Rs 10 Crores From Vivriti Capital
Cars24 Financial Services has raised its first debt funding of Rs 10 crores from Vivriti Capital. As per the company, it plans to utilize the funding amount to lend to small dealers and consumers across 50 cities where Cars 24 operates. Talking about Cars24 Financial Services, Ruchit Agarwal, Co-Founder and […]