Singapore-based used vehicle marketplace Carro has collected $12m in a funding round that featured telecom firm Singapore Telecommuniations’ corporate venturing arm Singtel Innov8, Tech in Asia reported yesterday.
Venturra Capital, the venture capital firm backed by conglomerate Lippo Group, and VC firm Golden Gate Ventures also supplied cash and were joined in the round by a range of new, undisclosed backers.
Incorporated in 2015, Carro operates an online marketplace through which users can buy and sell vehicles. The company has…
