Singapore’s Future Decacorn? Carro Has Big Ambitions For The Online Car Market In Southeast Asia


Source: reliableuk.com reliableuk.com

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Carro only became a unicorn in June, but cofounder Aaron Tan is already aiming for an 11-figure valuation—if he can fend off the competition. Aaron Tan, cofounder and CEO of Singapore-based [Carro](//carro.sg/) , is in overdrive. The online platform for buying and selling used cars in Southeast Asia [joined the unicorn startup club](//www.forbes.com/sites/zinnialee/2021/06/15/singapores-car-market-carro-becomes-unicorn-with-360-million-funding-round/?sh=54b37dbb35e9) in June when it completed a $360 million funding round that boosted its valuation to $1 billion. Speaking by phone, Tan says Carro is just getting started: “The plan is to look to become a decacorn in the next few years, as soon as possible.” But before...