Mitsubishi, MS&AD and existing investor SoftBank Ventures Asia took part in a round that followed the car trading platform's $90m series B last year.

Singapore-based automotive e-commerce marketplace Carro has received $11m from investors including diversified conglomerate Mitsubishi, investment firm MS&AD and telecommunications and internet group SoftBank, DealStreetAsia reported yesterday, citing a regulatory filing. The round also featured GXH Investments, a joint venture between conglomerate Hanwha’s Asset Management subsidiary and venture capital firm Golden Gate Ventures, while SoftBank subsidiary…

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