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CarTrade Is Raising INR 321.7 Cr In Series H Round

Shortpedia

Content Team

Mumbai-based online auto classifieds platform CarTrade is shoring up cash from investors to mitigate some of the Covid-19 impact as well as take on the challenges in the post-lockdown market. Reportedly, in a resolution on May 22, CarTrade approved an offer to raise INR 321.7 Cr in its Series H funding round. The company has earlier raised INR 950 Cr in funding. CarTrade reported INR 8.8 Cr profit in FY20