Sime Darby has taken part in the latest round for the ride sharing platform developer’s Malaysian subsidiary, helping to lift its total funding to $73m.
SoCar Mobility Asia (SoCar Malaysia), a Malaysia-based spinoff of South Korea-headquartered car sharing platform operator SoCar, has raised $55m in series B funding from investors including conglomerate Sime Darby. Private equity firm EastBridge Partners also took part in the round, which took the company’s overall funding to $73m. Formed in 2017 by SoCar and conglomerate…
This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.