KCK Global-backed automotive e-commerce marketplace Cars24 has secured a unicorn valuation in a round led by DST Global.
Cars24, an India-based online automotive marketplace backed by e-commerce services provider KCK Global, raised $200m yesterday in a series E round led by investment firm DST Global.
The round also featured Exor Seeds, a venture capital vehicle for holding company Exor, as well as investment firms Moore Strategic Ventures and Unbound. The cash was secured at a valuation above $1bn.
Founded in 2015, Cars24 runs an e-commerce platform that allows customers in more than 130 Indian cities to buy and…
