Existing shareholder KCK invested $25m to lead a $52m first tranche of the automotive e-commerce platform's latest round, which reportedly has a $100m target for its close.

India-based second-hand car marketplace Cars24 has collected an initial $52m in series D funding from investors including logistics firm KCK, Entrackr reported on Friday. KCK led the tranche with a $25m contribution and was joined by investment firm Kingsway Capital, which supplied $10m through its Frontier Consumer Internet Fund. Sequoia Capital India, Euler Capital, Exor…

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