Frontier Car Group Raises $58M to Accelerate Growth of Used-Car Marketplaces in Emerging Markets
Frontier Car Group which runs Cars45 in Nigeria, has closed $41M Series B funding from Balderton, TPG Growth, automotive funds Fraser McCombs Capital, and AutoTech Ventures. to expand its used-car marketplaces within emerging markets. The company additionally raised $17M in debt financing from leading institutions and banks bring the total to $58m. According to Sujay Tyle, ...
