Carsome, a Kuala Lumpur, Malaysia-based automotive selling platform, raised $2m in Series A funding.
The round was led by IdeaRiverRun, with participation from IMG Investment Partners and 500 Startups.
The company intends to use the funds to expand in South East Asia.
Led by Chief Executive Officer Eric Cheng, Carsome.my is a Malaysian automotive portal that connects car buyers to the dealers for a price quote.
Buyers can compare up to 5 exclusive offers upfront from selected dealers with no need to travel from one dealership to another or no hidden fee/charges imposed.
FinSMEs
03/03/2016