SG's online classifieds marketplace Carousell enters unicorn club after $100m funding

SG's online classifieds marketplace Carousell enters unicorn club after $100m funding

(from left to right) Carousell’s co-founders: Siu Rui Quek, Marcus Tan and Lucas Ngoo

Singapore-based online classifieds marketplace operator Carousell has joined Southeast Asia’s unicorn club after raising $100 million in its latest funding round at a valuation of $1.1 billion.

The investment came from STIC Investments, a South Korea-based private equity investor that invests across Asia, Carousell announced.

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