Exor Seeds and Tencent participated in an equity and debt round for the used car marketplace operator that was co-led by SoftBank Vision Fund 2, valuing it at $1.84bn.
India-based automotive e-commerce platform Cars24 has secured $450m in a series F round co-led by telecommunications and internet group SoftBank’s Vision Fund 2 at a $1.84bn valuation, TechCrunch reported today.
Internet technology group Tencent and Exor Seeds, a vehicle formed by reinsurance provider PartnerRe and its parent firm Exor, joined Moore Strategic Ventures in the $340m equity portion of the round, which was co-led by investment firm DST Global and asset manager Falcon Edge. Unnamed financial institutions supplied $110m in…
