The corporate-backed automotive e-commerce portal raised series E funding which will be used to accelerate its growth, increase brand awareness and expand into new markets.

CarDekho, an India-based online automotive marketplace backed by several corporates, has collected $200m in series E equity funding and $50m in debt financing at a $1.2bn valuation, the Economic Times reported today. The round was led by LeapFrog Investments and backed by financial services provider Mirae Asset as well as Canyon Partners, Franklin Templeton, Harbor…

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