The Business Times: Singapore car marketplace Carro scores US$60m in Series B funding

CARRO, a Singapore-based car marketplace startup, has raised US$60 million in Series B funding.

The round was co-led by Softbank Ventures Korea, Insignia Ventures Partners and B Capital Group. It was participated by the family office of Manik Arora (Founder of IDG Ventures India), and existing investors including Venturra, Singtel Innov8, Golden Gate Ventures and Alpha JWC.

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