Used auto e-portal Cars24 vrooms to $1bn valuation

Global technology investment firm DST Global, which has backed Indian startups like Swiggy, Udaan, Ola and Byju’s, is leading a $200-million funding in Cars24. This would make the online platform for selling used cars the latest entrant to the much coveted unicorn club — those with a valuation of over $1 billion.

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