Southeast Asia’s Carro raises $60M for its automotive classifieds and car financing service

Southeast Asia’s Carro raises $60M for its automotive classifieds and car financing service

6 years ago
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https://techcrunch.com/2018/05/13/carro-raises-60m/

Carro, an automotive classifieds service and car financing startup based in Singapore, has closed a $60 million Series B round to scale its business in Southeast Asia.

The deal was co-led by SoftBank Ventures Korea, Insignia Ventures — the firm from ex-Sequoia Asia partner Yinglan Tan — and Facebook co-founder Eduardo Saverin’s B Capital Group. Other participants include IDG Ventures India founder Manika Arora (via his family fund) and existing Carro backers Venturra,

Singtel Innov8, Golden Gate Ventures and Alpha JWC.

Southeast Asia’s Carro raises $60M for its automotive classifieds and car financing service

May 14, 2018, 6:14am UTC
https://techcrunch.com/2018/05/13/carro-raises-60m/ >Carro, an automotive classifieds service and car financing startup based in Singapore, has closed a $60 million Series B round to scale its business in Southeast Asia. >The deal was co-led by SoftBank Ventures Korea, Insignia Ventures — the firm from ex-Sequoia Asia partner Yinglan Tan — and Facebook co-founder Eduardo Saverin’s B Capital Group. Other participants include IDG Ventures India founder Manika Arora (via his family fund) and existing Carro backers Venturra, Singtel Innov8, Golden Gate Ventures and Alpha JWC.