SMU alumnus Aaron Tan founded Carro, a Singapore-based online marketplace for people to buy and sell used cars. The platform also offer after-sales service such as car care service, roadside recovery and warranty. It managed to raised US$60 million in a Series B round led by SoftBank Ventures, Insignia Ventures Partners and B Capital group in 2018. Carro also raised an undisclosed amount in a venture round led by K3 Ventures.
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