Cars24, an e-commerce platform for pre-owned automobile transactions, has appointed Kunal Mundra as CEO of its cars vertical called Cars India. Mundra was most recently the Executive Vice President – Private Equity Portfolio Group at Bain Capital. In this new role, Mundra will be responsible for the company’s car business in India, while closely working…
Tag: Vikram Chopra
Gurugram-based Cars24 turns unicorn after $200 mn funding round
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•Cars24, an online platform for selling pre-owned vehicles, has raised $200 million in a Series-E funding round led by DST Global at a post-money valuation of over $1 billion. Existing investors Exor Seeds, Moore Strategic Ventures and Unbound also participated in the funding round. The company will use the current funding to invest aggressively in…