You are here: Home » Companies » Start-ups » Around the World
Business Standard

Malaysia's Carsome raises $2 million in series A funding

The investment is backed by existing investors IdeaRiverRun and 500 Startups, plus Japan's IMJ Investment Partners, reports Tech in Asia

Judith Balea / Tech in Asia 

Carsome today announced that it secured a $2 million series A funding round from existing investors IdeaRiverRun of Malaysia and 500 Startups, plus Japan’s IMJ Investment Partners. The Kuala Lumpur-based startup, which is present in Malaysia, Singapore, and Australia, will use the money to expand to Indonesia and Thailand, with the funds to be spent for marketing activities and hiring more staff. “Southeast Asia is a key market for us and we are committed to growing Carsome’s presence within this region,” notes co-founder and CEO Eric ...

TO READ THE FULL STORY, SUBSCRIBE NOW AT JUST Rs 149 A MONTH

Key stories on business-standard.com are available to premium subscribers only.

LOGIN

EMAIL / USER NAME
PASSWORD
REMEMBER ME Forgot password?

Not a member yet ? Resister Now

Connect using any below

  • Don't lose the opportunity of saving $26.77 per month
  • Don't lose the opportunity of saving $26.77 per month
Total Amount
Rs. 0.00
To proceed, kindly select a subscription package

WHAT YOU GET

On Business Standard Digital

  • Access your subscription from anywhere. Be it your computer, tablet or smartphone using a browser or the App, Your Choice.
  • Access to exclusive content, features, opinions and comment, hand-picked by our editors, just for you.
  • Pick your 5 favourite companies. Get all the news upates at the end of each day through E-Mail.
  • Pick the industry that you want to track. And get a daily news letter specific to that industry. Cut out the clutter.
  • And stay on top of your investments. Track stock prices in your portfolio
  • Access 18 years of archival data

On Digital

  • Seamless access to WSJ.com with your Business Standard digital account.
  • Experience the best of the Journal's reporting, video and interactive features.
  • Read about the people and events shaping business, finance, technology, politics, technology and culture.
  • Stay informed with newsletters - an easy way to get WSJ content straight to your inbox - making life easier on your busiest days.
  • More business executives read the Journal globally than any other publication.
*Note :
American Express® is proud to be associated with this initiative and will contribute Rs 100 x 6 months thereafter, standard rate of Rs 149 will be charged.
Offer valid for Indian residents only
Requires you to share personal information like PAN, Date of Birth, and Income.
*Annual saving on WSJ subscription price of US$ 347.88 (12 months @ US$ 28.99 per month)
* 1US$ = 67.50 INR.
*Please note that this offer is not valid if you are/were a registered/existing user on WSJ Digital
RECOMMENDED FOR YOU

Malaysia's Carsome raises $2 million in series A funding

The investment is backed by existing investors IdeaRiverRun and 500 Startups, plus Japan's IMJ Investment Partners, reports Tech in Asia

The investment is backed by existing investors IdeaRiverRun and 500 Startups, plus Japan's IMJ Investment Partners, reports Tech in Asia Carsome today announced that it secured a $2 million series A funding round from existing investors IdeaRiverRun of Malaysia and 500 Startups, plus Japan’s IMJ Investment Partners. The Kuala Lumpur-based startup, which is present in Malaysia, Singapore, and Australia, will use the money to expand to Indonesia and Thailand, with the funds to be spent for marketing activities and hiring more staff. “Southeast Asia is a key market for us and we are committed to growing Carsome’s presence within this region,” notes co-founder and CEO Eric ... image
Business Standard
177 22

Malaysia's Carsome raises $2 million in series A funding

The investment is backed by existing investors IdeaRiverRun and 500 Startups, plus Japan's IMJ Investment Partners, reports Tech in Asia

Carsome today announced that it secured a $2 million series A funding round from existing investors IdeaRiverRun of Malaysia and 500 Startups, plus Japan’s IMJ Investment Partners. The Kuala Lumpur-based startup, which is present in Malaysia, Singapore, and Australia, will use the money to expand to Indonesia and Thailand, with the funds to be spent for marketing activities and hiring more staff. “Southeast Asia is a key market for us and we are committed to growing Carsome’s presence within this region,” notes co-founder and CEO Eric ...

image
Business Standard
177 22