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Carsome raises US$290m Series E round from Temasek-backed 65 Equity Partners and Seatown
This funding round comes as speculation arose over a possible US$200 million pre-IPO round in September 2021, and values Carsome at US$1.7 billion.
The funds will be used in investing across Carsome's business, from talent to product to technology. Its retail brand Carsome Certified will also see expansion with the proceeds across key markets in Malaysia, Indonesia and Thailand.
