SG automotive marketplace Carro raises $360m led by SoftBank to become a unicorn

The team at Carro. Source: Carro

Singapore-headquartered Carro has announced the completion of a $360 million Series C funding round led by SoftBank Vision Fund 2, making it the first automotive marketplace unicorn in Southeast Asia. 

Notable investors in this round of financing include several prominent Indonesia-based funds such as EV Growth, according to a statement on Tuesday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter