The Business Times
business-time-50

Singapore car marketplace Carro scores US$60m in Series B funding

google-preferred-sourceAdd BT as a preferred source
Published Mon, May 14, 2018 · 09:50 PM

    Singapore

    CARRO, a Singapore-based car marketplace startup, has raised US$60 million in Series B funding.

    The round was co-led by Softbank Ventures Korea, Insignia Ventures Partners and B Capital Group. It was participated by the family office of Manik Arora (Founder of IDG Ventures India), and existing investors including Venturra, Singtel Innov8, Golden Gate Ventures and Alpha JWC.

    Carro

    TRENDING NOW

    The freehold corner site in Lorong Liput is near Holland Village MRT station.

    Three Holland Village shophouses sold for S$70 million to Tat Lee Bank’s Goh family unit

    The onset of El Nino is also seen as a tailwind, as average crude palm oil prices have historically surged during the weather event.

    Palm oil stocks set to surge as Indonesia said to be scaling back export overhaul: analysts

    After the divestment of White Sands mall (above), FCT’s retail portfolio will comprise eight suburban properties. 

    Frasers Centrepoint Trust to sell White Sands mall for S$467 million

    Vincent Tan, founder of Berjaya Group, has reduced his holdings in multiple companies within the group.

    Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More