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E-commerce portal Carousell bags US$35m Series B funding

NTUC Income and Chan Brothers set up insurance tech and tourism accelerator programmes, respectively

Published Mon, Aug 1, 2016 · 09:50 PM

Singapore

NEARLY S$50 million have been added to the Singapore startup ecosystem, The Business Times learnt on Monday. Of the amount, US$35 million is a Series B funding round raised by e-commerce startup Carousell, while another S$1.34 million comprises investments into two first-of-their-kind accelerator programmes in insurance tech (insurtech) and tourism.

Carousell, Singapore's poster-boy startup, rais…

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