Tag Archives: $50M

Carsome raises $50M for its used-car sales platform in Southeast Asia

Carsome,  a Malaysia-based marketplace for trading used cars, has closed a new $50 million financing round to fend off its rivals and grow its business in Southeast Asian markets. The new financing round, dubbed Series C, was funded by MUFG Innovation Partners (MUIP), the corporate venture capital arm and a wholly owned subsidiary of Mitsubishi UFJ Financial Group (MUFG); Daiwa PI Partners, ... Read More »