News > Cars24 is India’s latest unicorn as it raises $200 million from DST Global and existing investors

Cars24 is India’s latest unicorn as it raises $200 million from DST Global and existing investors

Indian marketplace for second-hand vehicles Cars24 has raised $200 million in a Series E round led by DST Global, which also saw participation from its existing investors Exor Seeds, Moore Strategic Ventures, and Unbound.

With the latest funding round, Cars24 valuation soars past a billion dollars, making it the latest unicorn in the country.