Online automotive marketplace Cars24 has secured $100m for its series D round, $52m of which came from investors including KCK last month.
India-based used vehicle marketplace Cars24 has closed a $100m series D round co-led by e-commerce fulfilment services provider KCK Global and investment firm Unbound, the Economic Times reported today.
The round also featured Exor Seeds, a fund affiliated with diversified holding group Exor, as well as Moore Strategic Ventures, Sequoia Capital, DST Global and Partners Fund.
ET estimated the amount provided by KCK and Unbound at $25m each, with KCK having made its commitment last month as part of…
