Online used car marketplace Cars24 has secured $200 million in Series E financing led by existing investor DST Global at a post-money valuation of just over $1 billion, catapulting the company into the unicorn club, becoming the first startup in the auto sector to achieve this milestone. Its valuation has jumped from $500 million in October last year, when it had raised $100 million. Choose your reason below and click on the Report button. This will alert our moderators to take action.