Used car buying startup Cars24 raises $50 million
Gurugram-based used car buying startup Cars24 has raised $50 million from Sequoia Capital and early backers including Kingsway FCI Fund and Toronto-headquartered KCK Global Limited. The latest funding round reportedly valued Cars24 at $250 million. Founded in 2015, the startup claims to offer an efficient and reliable way for car owners to sell their used cars at the best price. 