Page 27 - Alpha Wave News Today

With supply chains in the automotive industry continuing to be disrupted due to Covid-19, demand has surged in the used-car market. Today, one of the startups that’s seeing a lot of growth as a result of that is announcing a big round of funding to further tap the opportunity. Cars24, a startup out of India […]

CARS24, Indias leading e-commerce platform for pre-owned vehicles, on Monday announced it has raised $400 million, including a $300 million Series G equity round, along with $100 million debt from diversified financial institutions.This round ...

This round is CARS24’s third in just over a year and values the used cars e-commerce player at $3.3 billion, about double the valuation from its previous round in September 2021, the company said.

India's CARS24 said on Monday it had raised $400 million in a funding round that saw participation of asset manager Alpha Wave Global, valuing the used-car retailing platform at $3.3 billion.

Abu Dhabi's Alpha Wave has led a $300 million Series G round for India's used cars marketplace CARS24. The round also saw...

New Delhi, Dec 20 (IANS) CARS24, India's leading e-commerce platform for pre-owned vehicles, on Monday announced it has raised $400 million, including a $300

Abu Dhabi's Alpha Wave has led a $300 million Series G round for India's used cars marketplace CARS24. The round also saw...

CARS24, Indias leading e-commerce platform for pre-owned vehicles, on Monday announced it has raised $400 million, including a $300 million Series G equity round, along with $100 million debt from diversified financial institutions.

NEW DELHI, Dec 20: Leading e-commerce platform for pre-owned vehicles CARS24 on Monday said it has raised USD 400 million (around Rs 3,040 crore) from various financial institutions. The company said it has closed USD 400 million round of funding including a USD 300 millon Series G equity round alongside USD 100 million debt from diversified financial institutions. This round is CARS24’s third in just over a year and values the used cars e-commerce player at USD 3.3 billion about […...

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