Deal Street Asia: SG’s online auto marketplace CARRO raises around $111m in debt, equity

This article first appeared on Deal Street Asia, written by Leslie Shaffer.

Carro has raised a total of about S$150 million in debt financing and additional equity, the Singapore-based online auto marketplace said in a statement on Wednesday.

The funding line included new backers Japanese trading company Mitsubishi Corp. and MS&AD Ventures, the venture arm of MS&AD Insurance Group, the statement said.

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