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CarDekho Raises $250mn in Series E equity & debt Funding to Entre Unicorn club With $1.2bn Valuation

Cardekho described it as a pre-IPO one, was a mix of equity ($200 million) and debt ($50 million) financing, was led by private investment firm LeapFrog Investments.

Cardekho becomes the first unicorn based in Jaipur, Rajasthan.

Leapfrog Investments led the round, alongside Canyon Partners, Mirae Asset, Harbor Spring Capital and existing investors Sequoia Capital India and Sunley House

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