Cars24 turned into the primary unicorn from the pre-owned vehicle and bicycle space when it raised a $200 million round drove by DST Global in November 2020. In the mean time, as it is good to go to score a new round drove by Falcon Edge, Cars24’s initial patrons and prime supporters have offloaded $20 million worth shares across two secondary arrangements since December.
As per the…
Utilized car selling platform Cars24 has raised Rs 100 crore in an obligation round from Trifecta Capital and the new mixture has come after seven months of the company’s $200 million value round that made it the principal unicorn in the trade-in vehicle space.
Regulatory filings with MCA show Cars24 has allotted 1,000 series B debentures to Trifecta Venture Debt Fund – II at a fair value of…
