Alpha Wave leads $300m round for India's Cars24
Indian used car platform Cars24 has raised $400 million in funding – comprising $300 million in equity and $100 million in debt – at a valuation of $3.3 billion.
It comes within three months of the company closing its Series F round on $450 million and securing $110 million in debt financing. At that time, Cars24 was worth $1.84 billion, nearly twice the $1 billion...
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