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Carousell Group Raises US$100 Million from STIC Investments to Accelerate Classifieds 4.0 in Greater Southeast Asia



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Valued at US$1.1 billion, the regional leader of classifieds will continue to cement its frontrunner position across Goods, Autos and Property verticals, and accelerate its transactional push into recommerce

SINGAPORE – Media OutReach – 15 September 2021 – Carousell Group, the leading classifieds group in Greater Southeast Asia, today announced that it has secured an investment of US$100 million to accelerate its leadership in the region, and to reimagine the classifieds experience with a focus on convenience and trust, to make secondhand the first choice. This round of funding, led by STIC Investments, a leading Korean private equity that invests across Asia, marks a significant …

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