Aussie used car platform Carma raises $52m in Series A funding

Australian online used car platform Carma has raised A$73 million ($52 million) in a Series A funding round led by American venture capital firm General Catalyst Partners and existing shareholder Tiger Global. Other backers include Australian investors such as Five V Capital and family office Terrace Tower Group, as well as Entrée Capital and Avenir Growth, who have invested in used car models in Europe and India.