Carro, an automotive marketplace 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
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
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 inve
Jake Bright Contributor Share on X Jake Bright is a writer, author and advisor with a focus on global business, politics, and technology. From 2017 to 2020, he was a contributing writer and advisor at
Carmudi, a car classifieds site that focuses on emerging markets, announced today that it has raised $25 million to gear up its operations in Mexico and several Asian countries.
Carmudi, a car classified ads site backed by Rocket Internet, has raised $10 million to expand its operations in Asia. Investors include Tengelmann Ventures, the investment arm of the German retail gi