Rakuten-backed Carousell was previously reported to have secured between $70m and $80m in its series C round, but financial documents now put the figure at $45.3m.
Carousell, a Singapore-based mobile commerce platform backed by e-commerce firm Rakuten, raised $45.3m last year, Tech in Asia reported on Friday citing a securities filing with local regulator, Accounting and Corporate Regulatory Authority.
The figure contradicts reports in October 2017 that Carousell had raised between $70m and $80m in its series C round, though it is possible the $45m represent an initial tranche. Carousell declined at the time to confirm the round.
The document also shows that Edbi, the…
