Carro

Founded in 2015, Carro has transformed the traditional automotive retail industry by digitizing the entire lifecycle of vehicle ownership. The platform operates a "full-stack" business model, which means it manages everything from initial multi-point vehicle inspections and retail certified pre-owned sales to wholesale dealer auctions, car leasing, and automated trade-ins. By embedding data science and proprietary algorithms directly into its ecosystem, the platform provides transparent pricing and eliminates much of the friction traditionally associated with used car dealerships.Beyond direct vehicle sales, the startup has expanded deeply into complementary automotive services to support drivers throughout their ownership journey. Through its specialized subsidiaries, Carro offers in-house financing, personalized auto insurance options, aftersales maintenance, and roadside assistance. Backed by high-profile global investors including SoftBank Vision Fund and Temasek, the company has scaled its regional footprint from Singapore across Malaysia, Indonesia, Thailand, Japan, Taiwan, Hong Kong, and Australia.