Burda Principal Investments helped the automotive e-commerce marketplace increase its funding to $107m altogether.
Indonesia-based online used car exchange Carsome closed a $30m series D round yesterday featuring Burda Principal Investments, the corporate venturing arm of media group Hubert Burda.
The round was led by growth equity firm Asia Partners and was also backed by venture capital firm Ondine Capital.
Carsome runs an online service where car owners can auction or trade in used vehicles through its affiliate dealerships once they have been vetted by its inspection programme. It operates in Malaysia, Singapore, Indonesia…
