Peer-to-peer car rental provider Getaround is reportedly set to raise $200m to follow $396m from investors including SoftBank, Shanghai Automotive, Toyota and Cox Automotive.

Getaround, the US-based on-demand car sharing platform backed by corporates SoftBank, Toyota, Shanghai Automotive and Cox Automotive, is seeking $200m for an equity round that would value it at $1.7bn, TechCrunch reported yesterday. Getaround refused comment but said it was working with investors toward its growth strategy and would reveal details in time. TechCrunch did…

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