Cars 24, an India-based marketplace for used cars, raises a $400M Series G, including $100M debt and $300M equity, led by Alpha Wave Global at a $3.3B

[Techmeme]

Ingrid Lunden / TechCrunch:
Cars 24, an India-based marketplace for used cars, raises a $400M Series G, including $100M debt and $300M equity, led by Alpha Wave Global at a $3.3B valuation — With supply chains in the automotive industry continuing to be disrupted due to Covid-19, demand has surged in the used-car market.