India’s CARS24 raises $300m in Series G round

India’s CARS24 raises $300m in Series G round

The round was led by Alpha Wave.


In addition to the Series G equity round, the Indian firm also raised $100 million of debt, bringing its valuation to $3.3 billion.

The funds will be used to further strengthen the platform’s position in the Indian market.

It also plans to expand in Australia, Southeast Asia, and the Middle East, Wamda reported.

 

Source: arabnews.com

Edited by: Vietnamarab.net team

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