Carsome
Southeast Asia’s Top 10 tech news in 2021
It’s that time of the year again when we take a look back at what had happened during the year in the tech and startup scene.
Softbank, Tencent-backed Indian used car platform Cars24 raises $400M
The investment will be used for the brand’s global expansion in the Middle East, Australia, and Southeast Asia, and to further strengthen its foothold in the Indian market.
Malaysia’s Sunway University partners Carsome to set up data innovation lab
Malaysia’s Sunway University, through its innovation arm, Sunway Innovation Labs (Sunway iLabs), and Malaysia-based integrated car e-commerce platform Carsome, have forged a strategic partnership which includes the setting up of a data innovation lab in Sunway University. To be launched by the end of January 2022, the data innovation lab aims to…
Malaysia unicorn Carsome seeks $200M in pre-IPO funding round – report
The Malaysia’s first tech unicorn is working with an adviser for the planned fundraising and aims to complete it as soon as in the coming weeks, Bloomberg reported.
How Carsome became Malaysia’s largest tech unicorn – with a little help from a friend
Gobi Partners’ continued faith and multiple investments into Carsome paved the way for the e-commerce platform to dominate Southeast Asia’s used car scene, en route to becoming Malaysia’s first and largest unicorn.
Carsome spots a gap in auto-financing for graduates, aims to introduce similar product in Indonesia, Thailand after Malaysia
Carsome plans to introduce auto-financing for graduates in Indonesia and Thailand, as it targets a loan size of at least MYR 100M ($24.17M) for its auto-financing business in 2022.
Singapore automotive startup Motorist raises $891K seed funding led by JobsCentral co-founder
Funds will be deployed to explore growth opportunities in Singapore and Malaysia, and kickstart its expansion into Thailand.
Unicorns-in-the-making: The underrated, untapped, and unknown of Malaysia’s tech ecosystem
Malaysia’s tech ecosystem is finally coming of age, and this is the moment to unlock Malaysia’s Underrated, Untapped and Unknown Unicorns-in-making.
Malaysia’s Carsome raises $200M in financing round, valuation hits $1.3B
The Series D2 round saw participation from one of the largest sovereign wealth funds in the region and a pool of new international investors such as Catcha Group and MediaTek as well as strong participation from existing shareholders including Asia Partners, Gobi Partners, 500 Southeast Asia, Ondine Capital, MUFG Innovation Partners, Daiwa PI Partners, and…
Carsome partners Catcha to create SEA’s largest digital automotive marketplace via $200M acquisition of iCar Asia
Catcha Group will become a shareholder of the Carsome Group in exchange for the sale of its shares in iCar Asia to Carsome.
