Carsome

Malaysian startup Carsome Sdn Bhd (Carsome) has closed its latest fundraising round, bringing its liquidity position to around US$200 million, announced a June 19 press release. The full amount raised has yet to be disclosed. The funding…

Southeast Asian integrated car e-commerce platform Carsome announced today (January 10) it has raised US$290 million in its Series E round today (Jan 10). This raises the company’s valuation to approximately US$1.7 billion, up from US$1.3…

When Carsome was announced as the first Malaysia-based unicorn in July 2021, the local startup community was thrilled by its success. It seemed to have a domino effect as not long after, Malaysia found 2 more unicorns in edotco, a telco…

As of July 13, 2021, Carsome becomes the first Malaysia-based tech unicorn after acquiring 19.9% of Australia-listed iCar Asia Ltd (iCar) from Catcha Group. Disclaimer: As Grab (then MyTeksi) was founded in Malaysia, there has been some…