Cars24 Eyes April DRHP at $3.3B Valuation After Reverse Flip
Cars24 CFO Shivanshu Makkar says the used-car marketplace expects to file its DRHP by April 2027 after completing a Singapore-to-India reverse flip. With no external funding since its 2022 $3.3B round, the IPO is framed as expansion capital, not cash-burn funding.
Source: moneycontrol.com · dailyexcelsior.com