The latest unicorn startup in India is a used car website
The company’s valuation jumped to more than $1 billion after a new round of funding
DST Global, the investment firm led by Russia-born billionaire Yuri Milner, invested $200 million in the deal.
India’s mass transit systems, unreliable even before the coronavirus pandemic, were shut off completely when the country locked down. As a result, Indians rushed to find alternative transportation, and that often meant used cars.