India’s CarDekho becomes unicorn with $250 million fundraise

India’s CarDekho becomes unicorn with $250 million fundraise

3 years ago
Anonymous $BH0TGXkyPe

https://techcrunch.com/2021/10/12/cardekho-becomes-unicorn-with-250-million-fundraise/

CarDekho, an Indian search and e-commerce platform for new and used cars, has become the latest startup in the world’s second-largest market to reach the unicorn status.

The 14-year-old startup said on Wednesday it has raised $250 million — $200 million in equity and $50 million in debt — in its Series E financing round. The round, which valued the Jaipur-headquartered firm at $1.2 billion, was led by LeapFrog Investments.