Carro Secures Strategic Investment

Carro, based in Singapore, operates a leading online marketplace for new and used vehicles across the Asia Pacific region. The company has announced a strategic investment from the Japanese financial services giant Orico. This investment marks a significant collaboration intended to integrate digital vehicle commerce with professional financial services.

Investors

This investment round was led by Orico, a major Japanese consumer credit and financial services company. No other investors were named in this announcement.

Carro Use of Funds

The capital from this strategic investment will be used to accelerate collaboration in automotive financing and related business sectors across Japan, Thailand, and Indonesia, focusing on integrating AI-driven credit assessment and vehicle valuation with consumer financial services.

About Carro

Founded in 2015 by Aaron Tan and others, Carro is a unicorn startup that provides an end-to-end digital car marketplace. The company utilizes proprietary pricing algorithms and AI-enabled capabilities to improve the transparency and efficiency of buying, selling, and financing vehicles in the Asia Pacific region.

Funding Details

Company Website: https://carro.co

Company: Carro
Round: Strategic Investment
Funding Date: September 18, 2026
Lead Investor: Orico
Company Website: www.carro.co
Software Category: Auto Fintech
Source: https://www.prnewswire.com/apac/news-releases/carro-secures-strategic-investment-from-orico-302883087.html