5 Asian Unicorns Driving Global Startup Trends

Carro - Singapore

Key Management: Aaron Tan, Co-Founder and CEO

Carro is the fastest-growing unicorn in Singapore with an AI-powered used car marketplaces and financial services platform redefining the way to own a car. With a focus on customer-centricity, transparency, convenience, and regional expansion, we are making waves across the auto-tech space in Southeast Asia. With a promise of trustworthy and transparent experiences, Carro is revolutionizing the ways we buy and sell cars, through proprietary pricing algorithms, AI-enabled capabilities, and new technological solutions.

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Carro currently has a strong commercial presence across key markets in Asia Pacific including Malaysia, Indonesia, and Thailand, and recently launched in Japan and Taiwan. Headquartered in Singapore, the unicorn startup employs more than 4,500 employees across Asia-Pacific and has raised a total of over US$1B in debt and equity from Temasek, Softbank Vision Fund and other various sovereign funds.