Announced
Completed
Financials
Sources
Tags
Acquisition
Private Equity
Minority
E-commerce
car marketplace
second-hand vehicles
India
Cross Border
Single Bidder
Private
Venture Capital
Completed
Friendly
Synopsis
DST Global, Falcon Edge Capital and SoftBank Vision Fund 2 led a $340m Series F funding round in Cars24, an e-commerce platform. Additional investors include Tencent, Moore and Exor Seeds. "With this investment, we will continue to penetrate into existing car, bikes and financing business in India while venturing into new overseas geographies this year," Vikram Chopra, Cars24 Co-founder & CEO.
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