SINGAPORE -- Japan's SoftBank Group has led a $360 million Series C funding round in Singapore online car sales platform Carro, propelling the Southeast Asian startup into the ranks of unicorns -- companies with a valuation of $1 billion or more.
Vision Fund 2 leads $360m Series C round in Southeast Asian car marketplace

Carro CEO Aaron Tan says insurance and B2B financing are areas of interest to his company. (Photo by Dylan Loh)
SINGAPORE -- Japan's SoftBank Group has led a $360 million Series C funding round in Singapore online car sales platform Carro, propelling the Southeast Asian startup into the ranks of unicorns -- companies with a valuation of $1 billion or more.