Amount Raised
$450 Million
Round Type
Funding Round
GurugramInformation TechnologySoftwareinformation technology & servicesInvestors
Description
New Delhi: CARS24 on Monday said it has raised $450 million (about Rs 3,321.3 crore) in funding from DST Global, Falcon Edge, SoftBank Vision Fund 2 and others, helping the pre-owned vehicles' e-commerce platform nearly double its valuation to $1.84 billion. The Series F round of funding was a mix of equity ($340 million) and debt ($110 million), a statement said.
Quick answer
CARS24 raised $450 Million in a Funding Round round, dated September 20, 2021. Investors: DST Global. CARS24 is based in Gurugram, Haryana, India.
- How much did CARS24 raise?
- CARS24 raised $450 Million in a Funding Round round on September 20, 2021.
- Who invested in CARS24?
- DST Global is named as investors in this round.
- What does CARS24 do?
- CARS24 is one of India’s largest auto-tech companies with a bold vision to grow 100x in the next five years and build a $300 billion enterprise.
- Where is CARS24 based and how big is it?
- CARS24 is based in Gurugram, Haryana, India. Fundz records about 6,000 employees.
- Who are the decision-makers at CARS24?
- Fundz holds 1 contact at CARS24. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in information technology & services and Software around the same time
Companies in the same sectors as CARS24 that raised within 45 days of this round, from Fundz verified event records.
Who to call at CARS24, and when
A new round usually means CARS24 is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day CARS24 raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at CARS24, from your own LinkedIn network
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Related People
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