CarDekho slides into unicorn club after $250 mn fundraise
Girnar Software Pvt. Ltd, which operates CarDekho, an online portal for new and used cars, has inflated $250 million as a part of its latest Series E fundraising at an appraisal of about $1.2 billion, earning it as the freshest player to India’s burgeoning list of unicorns, two people knowledgeable of the matter said on Tuesday. The officials said that private investment firm LeapFrog Investments directed the funding round, cooperating with South Korea’s Mirae Asset Group and existing investors, demanding anonymity. They did not reveal the existing investors who took part in the round. CarDekho’s enduring investors include Sequoia Capital…