Carsome raises $50m Series C in debt & equity from MUFG, Daiwa, others

Malaysian used car marketplace Carsome has raised $50 million in equity and debt funding for its Series C round to expand its business across Southeast Asia.

The round was joined by strategic investors such as Japan’s MUFG Innovation Partners, Daiwa PI Partners, Endeavor Catalyst, Ondine Capital, as well as existing investors, Gobi Partners and Convergence Ventures.

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