Carsome bags US$200M in fresh funds, fuels expansion of B2C biz
Carsome Group has bagged US$170 million in Series D2 round of funding, bringing the company’s valuation to US$1.3 billion. This is complemented by new credit facilities of US$30 million, bringing total funds raised to US$200 million. The latest round aims to empower its strategic focus on the growth and expansion of its B2C business, as well as boost its capabilities in strategic investments and mergers and acquisitions.