Automotive Marketplace Carro Hits Unicorn Status with 360M Series C Led by Softbank Vision Fund 2
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TECHCRUNCH.COM — Carro, one of the largest automotive marketplaces in Southeast Asia, announced it has hit unicorn valuation after raising a $360 million Series C led by SoftBank Vision Fund 2. Other participants include insurance giant MSIG and Indonesian-based funds like EV Growth. About 90% of vehicles sold through Carro are secondhand, and it offers services that cover the entire lifecycle of a car, from maintenance to when it is broken down and recycled for parts.
Automotive Marketplace Carro Hits Unicorn Status with 360M Series C Led by Softbank Vision Fund 2
Automotive Marketplace Carro Hits Unicorn…
Automotive Marketplace Carro Hits Unicorn Status with 360M Series C Led by Softbank Vision Fund 2
TECHCRUNCH.COM — Carro, one of the largest automotive marketplaces in Southeast Asia, announced it has hit unicorn valuation after raising a $360 million Series C led by SoftBank Vision Fund 2. Other participants include insurance giant MSIG and Indonesian-based funds like EV Growth. About 90% of vehicles sold through Carro are secondhand, and it offers services that cover the entire lifecycle of a car, from maintenance to when it is broken down and recycled for parts.