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CarDekho SEA Raises $60M for SE Asia Expansion

  • CarDekho SEA, an auto financing platform, raised $60M from Navis Capital Partners and Dragon Fund, valuing it at over $300M.
  • The funds will support expansion in Southeast Asia, focusing on used car and bike financing in Indonesia and the Philippines.
  • The company plans to acquire local platforms to boost its presence and leverage AI to reduce fraud and credit risks.

Source: Techcrunch

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7mo ago
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