CARS24, CarDekho & Spinny to raise $1 billion via IPOs: Report
CARS24, CarDekho, and Spinny are planning to raise a combined total of over $1 billion via IPOs in the next 12-18 months, reported Bloomberg. The unicorns are in early talks with bankers to assess investor appetite, it added. CarTrade Tech, the operator of CarWale and CarTrade platforms, is the only publicly traded company in the used-car business.