Existing backer Rakuten has returned to lead a $35m series B round for Carousell, putting the mobile marketplace app provider's total funding at $41.8m.
Singapore-based mobile marketplace app provider Carousell has closed a $35m series B round led by Rakuten Ventures, the corporate venturing unit of e-commerce company Rakuten, TechCrunch reported yesterday.
Venture capital firms Sequoia Capital, Golden Gate Ventures and 500 Startups also contributed to the round.
Founded in 2012, Carousell operates a mobile classifieds app through which users can sell and buy items. The app includes a chat feature that enables sellers and buyers to connect with each other to arrange details…
