Second-hand vehicles platform Credr has obtained $15m in series A funding through its parent company Incredible Technologies.

Incredible Technologies, an India-based company that operates second-hand vehicles marketplace Credr, has raised a $15m series A round from Eight Roads Ventures, an investment affiliate of financial services conglomerate Fidelity, VC Circle reported on Friday.

Set up in 2014, Credr is an online platform for car owners to sell their used vehicles to other users.

Credr is set to use the capital for product engineering, marketing efforts, and expand into 20 cities across India. As part of the investment, Eight…