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

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Carro chief Aaron Tan said that the startup's growing investor base and expertise will help Carro to continue to scale up its online marketplace, as well as Genie Financial Services, Carro's own financial services company that extends vehicle financing to car dealers and buyers, a plaform he said "is already profitable".

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

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