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. […]
View More Southeast Asia’s Carro raises $60M for its automotive classifieds and car financing serviceCategory: Carmudi
Rocket Internet’s Carmudi raises $10M to refocus on Asia following global retrenchment
Carmudi, a Rocket Internet-backed company that sells cars online in emerging markets, has raised $10 million to develop its business in Southeast Asia after reducing its global footprint. The company was formed in 2013 and, at peak, it grew to co…
View More Rocket Internet’s Carmudi raises $10M to refocus on Asia following global retrenchmentInstaCarro raises $22 million to tackle Brazil’s $50 billion used-car market
InstaCarro, a Brazilian-based marketplace for buying and selling used cars, has raised a whopping $22 million in its first institutional round of venture financing. One of the largest early-stage investments for a Brazilian startup, the new finan…
View More InstaCarro raises $22 million to tackle Brazil’s $50 billion used-car market